Looking to balance out your exposure to MHL.DE? The ETFs below have the lowest correlation with MHL.DE — they tend to move on their own, which can help reduce risk when MHL.DE drops. The stock ideas table highlights individual companies that behave independently from MHL.DE.
Best Diversifiers for MHL.DE
20 ETFs have low correlation with MHL.DE (below 0.3), 4 of which are negatively correlated. The least correlated is Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) (Latin America Equities) with a 1Y correlation of -0.05, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Emerging Markets Latin America UCITS E... | -0.05 | 0.15 | 0.21 | 81 | Latin America Equities | MHL.DE vs AMEL.DE | |
| Vanguard FTSE Emerging Markets UCITS ETF Distribut... | -0.04 | 0.19 | 0.24 | 55 | Emerging Markets Equities | MHL.DE vs VFEM.DE | |
| iShares STOXX Europe 600 Utilities UCITS ETF (DE) | -0.02 | 0.10 | 0.21 | 84 | Utilities Equities | MHL.DE vs EXH9.DE | |
| L&G Longer Dated All Commodities UCITS ETF | -0.02 | 0.07 | 0.07 | 70 | Commodities | MHL.DE vs ETL2.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.01 | 0.28 | 0.42 | 52 | Technology Equities, S&P 500 | MHL.DE vs QDVE.DE |
See all 20 diversifiers for MHL.DE
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