Looking to diversify beyond PR1J.DE? The ETFs below have the lowest correlation with PR1J.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 PR1J.DE.
Best Diversifiers for PR1J.DE
0 ETFs have low correlation with PR1J.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI World Information Technology UCITS ETF EUR Acc (LYPG.DE) (Technology Equities) with a 1Y correlation of 0.44, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI World Information Technology UCITS ETF... | 0.44 | 0.44 | 0.50 | 64 | Technology Equities | PR1J.DE vs LYPG.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.45 | 0.47 | 0.51 | 71 | Nasdaq-100 | PR1J.DE vs LYMS.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.45 | 0.43 | 0.48 | 94 | Semiconductors, Technology Equities | PR1J.DE vs LSMC.DE | |
| VanEck Semiconductor UCITS ETF | 0.46 | 0.45 | 0.49 | 96 | Semiconductors, Technology Equities | PR1J.DE vs VVSM.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.46 | 0.47 | 0.51 | 72 | Nasdaq-100 | PR1J.DE vs 6AQQ.DE |
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