Looking to diversify beyond MDBA.DE? The ETFs below have the lowest correlation with MDBA.DE — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MDBA.DE.
Best Diversifiers for MDBA.DE
8 ETFs have low correlation with MDBA.DE (below 0.3), 1 of which are negatively correlated. The least correlated is UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE) (Commodities) with a 1Y correlation of -0.08, up from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.08 | -0.19 | -0.22 | 69 | Commodities | MDBA.DE vs BCFE.DE | |
| UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ... | 0.09 | 0.07 | — | 59 | Global Equities | MDBA.DE vs AW1P.DE | |
| Vanguard FTSE All-World UCITS ETF | 0.09 | 0.12 | -0.00 | 76 | Global Equities | MDBA.DE vs VWCE.DE | |
| UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 0.13 | 0.14 | 0.01 | 71 | Global Equities | MDBA.DE vs UETW.DE | |
| UBS ETF (IE) MSCI World UCITS ETF (USD) Dist | 0.13 | 0.15 | 0.01 | 69 | Global Equities | MDBA.DE vs UBU7.DE |
See all 8 diversifiers for MDBA.DE
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