Looking to diversify beyond MJMT.DE? The ETFs below have the lowest correlation with MJMT.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 MJMT.DE.
Best Diversifiers for MJMT.DE
0 ETFs have low correlation with MJMT.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) (Europe Equities) with a 1Y correlation of 0.34, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.34 | 0.52 | 0.61 | 55 | Europe Equities | MJMT.DE vs ELFC.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.43 | 0.64 | 0.72 | 69 | Europe Equities | MJMT.DE vs EUPE.DE | |
| Lyxor MSCI Disruptive Technology ESG Filtered (DR)... | 0.44 | 0.57 | 0.56 | 59 | Technology Equities | MJMT.DE vs DRUP.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.47 | 0.48 | 0.52 | 65 | Technology Equities, S&P 500 | MJMT.DE vs QDVE.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.48 | 0.55 | 0.61 | 67 | Robotics, Technology Equities | MJMT.DE vs GOAI.DE |
See all 23 diversifiers for MJMT.DE
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Diversification Analysis
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