Looking to balance out your exposure to MRK.DE? The ETFs below have the lowest correlation with MRK.DE — they tend to move on their own, which can help reduce risk when MRK.DE drops. The stock ideas table highlights individual companies that behave independently from MRK.DE.
Best Diversifiers for MRK.DE
0 ETFs have low correlation with MRK.DE (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) (Europe Equities) with a 1Y correlation of 0.42, up from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Europe Equity Income UCITS ETF | 0.42 | 0.35 | 0.31 | 74 | Europe Equities | MRK.DE vs WTEE.DE |
Diversification Analysis
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