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
0 ETFs have low correlation with OPEN.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 0.48, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.48 | 0.47 | 0.58 | 65 | Technology Equities, S&P 500 | OPEN.DE vs QDVE.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.50 | 0.53 | — | 97 | Semiconductors, Technology Equities | OPEN.DE vs SEC0.DE | |
| iShares NASDAQ 100 UCITS ETF | 0.55 | 0.54 | 0.63 | 66 | Nasdaq-100 | OPEN.DE vs NQSE.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.56 | 0.55 | 0.64 | 71 | Nasdaq-100 | OPEN.DE vs SXRV.DE | |
| abrdn Future Supply Chains UCITS ETF | 0.57 | — | — | 86 | Global Equities | OPEN.DE vs ASCH.DE |
See all 29 diversifiers for OPEN.DE
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