Looking to diversify beyond PAEEM.PA? The ETFs below have the lowest correlation with PAEEM.PA — 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 PAEEM.PA.
Best Diversifiers for PAEEM.PA
1 ETFs have low correlation with PAEEM.PA (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi EUR Overnight Return UCITS ETF Acc (CSH.PA) (Money Market) with a 1Y correlation of -0.10, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi EUR Overnight Return UCITS ETF Acc | -0.10 | -0.05 | -0.00 | 97 | Money Market | PAEEM.PA vs CSH.PA | |
| Amundi ETF PEA S&P 500 UCITS ETF EUR | 0.59 | 0.47 | 0.49 | 75 | S&P 500 | PAEEM.PA vs PE500.PA | |
| Amundi S&P 500 ESG UCITS ETF Acc EUR | 0.60 | 0.48 | 0.49 | 77 | S&P 500, ESG | PAEEM.PA vs S500.PA | |
| Amundi PEA S&P 500 UCITS ETF Acc | 0.61 | 0.48 | 0.50 | 69 | S&P 500 | PAEEM.PA vs PSP5.PA | |
| Amundi S&P 500 UCITS ETF - Dist EUR | 0.61 | 0.48 | 0.50 | 70 | S&P 500 | PAEEM.PA vs SP5.PA |
See all 9 diversifiers for PAEEM.PA
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