Looking to diversify beyond OM3X.DE? The ETFs below have the lowest correlation with OM3X.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 OM3X.DE.
Best Diversifiers for OM3X.DE
1 ETFs have low correlation with OM3X.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.29, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.29 | 0.37 | 0.43 | 83 | Europe Equities | OM3X.DE vs FLXD.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.35 | 0.35 | 0.43 | 52 | Technology Equities, S&P 500 | OM3X.DE vs QDVE.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.39 | 0.48 | 0.52 | 57 | Europe Equities | OM3X.DE vs ELFC.DE | |
| Amundi MSCI Europe High Dividend Factor UCITS ETF ... | 0.39 | 0.48 | 0.49 | 64 | Europe Equities | OM3X.DE vs EHF1.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.39 | 0.37 | 0.45 | 71 | Nasdaq-100 | OM3X.DE vs SXRV.DE |
See all 34 diversifiers for OM3X.DE
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