Looking to diversify beyond PR1H.DE? The ETFs below have the lowest correlation with PR1H.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 PR1H.DE.
Best Diversifiers for PR1H.DE
11 ETFs have low correlation with PR1H.DE (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE) (Short-Term Bond) with a 1Y correlation of 0.07, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Euro Short Maturity UCITS ETF EUR Income | 0.07 | 0.02 | 0.16 | 96 | Short-Term Bond | PR1H.DE vs PJS1.DE | |
| PIMCO Euro Short Maturity UCITS ETF EUR Accumulati... | 0.08 | 0.07 | 0.18 | 96 | Short-Term Bond | PR1H.DE vs PJSR.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.09 | 0.00 | 0.03 | 94 | Semiconductors, Technology Equities | PR1H.DE vs LSMC.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.10 | 0.02 | 0.02 | 64 | Technology Equities | PR1H.DE vs LYPG.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.11 | 0.03 | 0.02 | 67 | Robotics, Technology Equities | PR1H.DE vs GOAI.DE |
See all 11 diversifiers for PR1H.DE
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