Looking to diversify beyond OPEN.DE? The ETFs below have the lowest correlation with OPEN.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 OPEN.DE.
Best Diversifiers for OPEN.DE
1 ETFs have low correlation with OPEN.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.DE) (Utilities Equities) with a 1Y correlation of 0.23, down from 0.45 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF USD (Acc) | 0.23 | 0.45 | — | 71 | Utilities Equities, Global Equities | OPEN.DE vs CBUX.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.47 | 0.47 | 0.58 | 56 | Technology Equities, S&P 500 | OPEN.DE vs QDVE.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.49 | 0.70 | 0.75 | 94 | Global Equities, Dividend | OPEN.DE vs VDIV.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.50 | 0.53 | 0.60 | 97 | Semiconductors, Technology Equities | OPEN.DE vs SEC0.DE | |
| iShares NASDAQ 100 UCITS ETF | 0.54 | 0.54 | 0.63 | 56 | Nasdaq-100 | OPEN.DE vs NQSE.DE |
See all 29 diversifiers for OPEN.DE
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