Looking to diversify beyond PJEU.DE? The ETFs below have the lowest correlation with PJEU.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 PJEU.DE.
Best Diversifiers for PJEU.DE
14 ETFs have low correlation with PJEU.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF (Dist) (EGV2.DE) (Money Market) with a 1Y correlation of -0.01, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF (Dist) | -0.02 | 0.06 | 0.15 | 92 | Money Market | PJEU.DE vs EGV2.DE | |
| iShares € Cash UCITS ETF EUR Acc | 0.00 | — | — | 100 | Money Market | PJEU.DE vs YCSH.DE | |
| Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | 0.03 | -0.00 | — | 70 | Global Equities | PJEU.DE vs FWEA.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.04 | 0.01 | 0.01 | 78 | S&P 500 | PJEU.DE vs D500.DE | |
| Invesco S&P 500 UCITS ETF | 0.04 | 0.01 | 0.01 | 77 | S&P 500 | PJEU.DE vs P500.DE |
See all 15 diversifiers for PJEU.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PJEU.DE
Add PJEU.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PJEU.DE