Looking to balance out your exposure to NVD.DE? The ETFs below have the lowest correlation with NVD.DE — they tend to move on their own, which can help reduce risk when NVD.DE drops. The stock ideas table highlights individual companies that behave independently from NVD.DE.
Best Diversifiers for NVD.DE
0 ETFs have low correlation with NVD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) (Europe Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers STOXX Europe 600 UCITS ETF | 0.38 | 0.36 | 0.46 | 59 | Europe Equities | NVD.DE vs XSX6.DE | |
| iShares Edge MSCI USA Value Factor UCITS ETF | 0.41 | 0.33 | 0.42 | 98 | Large Cap Value Equities | NVD.DE vs QDVI.DE | |
| Vanguard FTSE Developed World UCITS ETF Distributi... | 0.64 | 0.61 | 0.65 | 86 | Global Equities | NVD.DE vs VGVE.DE | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.64 | 0.61 | 0.65 | 79 | Global Equities | NVD.DE vs EUNL.DE | |
| Vanguard FTSE All-World UCITS ETF | 0.64 | 0.61 | 0.65 | 83 | Global Equities | NVD.DE vs VWCE.DE |
See all 9 diversifiers for NVD.DE
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