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iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI Europe Minimum Volatility ESG Reduced Carbon Target Index.Currency Hedged Share Classes offered in the Fund aim to reduce the impact of exchange rate fluctuations between the underlying portfolio currency exposures of the Fund and the Valuation Currency of a Currency Hedged Share Class on returns of the Benchmark Index to investors in that Share Class, through entering into foreign exchange contracts for currency hedging.

Looking to diversify beyond MVEE.DE? The ETFs below have the lowest correlation with MVEE.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 MVEE.DE.

Best Diversifiers for MVEE.DE

1 ETFs have low correlation with MVEE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) (Technology Equities) with a 1Y correlation of 0.25, down from 0.44 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QDVE.DE
iShares S&P 500 Information Technology Sector UCIT...0.250.310.44
65
Technology Equities, S&P 500MVEE.DE vs QDVE.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...0.310.38—
97
Semiconductors, Technology EquitiesMVEE.DE vs SEC0.DE
SXRV.DE
iShares NASDAQ 100 UCITS ETF USD (Acc)0.340.380.49
71
Nasdaq-100MVEE.DE vs SXRV.DE
NQSE.DE
iShares NASDAQ 100 UCITS ETF0.370.420.54
66
Nasdaq-100MVEE.DE vs NQSE.DE
IBCJ.DE
iShares MSCI Poland UCITS ETF USD (Acc)0.430.450.49
55
Europe EquitiesMVEE.DE vs IBCJ.DE
See all 21 diversifiers for MVEE.DE

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Diversification Analysis

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