Looking to diversify beyond N1ES.DE? The ETFs below have the lowest correlation with N1ES.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 N1ES.DE.
Best Diversifiers for N1ES.DE
0 ETFs have low correlation with N1ES.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE) (S&P 500) with a 1Y correlation of 0.49, roughly unchanged from 0.54 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Equal Weight UCITS ETF Acc | 0.49 | 0.54 | — | 76 | S&P 500, Equal Weight | N1ES.DE vs SP2Q.DE | |
| Invesco S&P 500 Equal Weight UCITS ETF Dist | 0.49 | 0.55 | — | 75 | S&P 500, Equal Weight | N1ES.DE vs SP2D.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.51 | 0.63 | — | 78 | S&P 500, Large Cap Value Equities | N1ES.DE vs QVMP.DE | |
| iShares Edge S&P 500 Minimum Volatility UCITS ETF ... | 0.60 | 0.62 | — | 53 | S&P 500, Large Cap Value Equities | N1ES.DE vs IBCK.DE | |
| Invesco Global Clean Energy UCITS ETF Acc | 0.65 | 0.50 | — | 67 | Energy Equities | N1ES.DE vs G1CE.DE |
See all 34 diversifiers for N1ES.DE
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