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
1 ETFs have low correlation with PR1J.DE (below 0.3), 1 of which are negatively correlated. The least correlated is HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) (Energy Equities) with a 1Y correlation of -0.14, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf Alerian Midstream Energy Dividend UCITS ETF | -0.14 | 0.14 | 0.23 | 70 | Energy Equities | PR1J.DE vs JMLP.DE | |
| Xtrackers MSCI Malaysia UCITS ETF (Acc) | 0.37 | 0.29 | 0.30 | 64 | Asia Pacific Equities | PR1J.DE vs XCS3.DE | |
| Xtrackers MSCI Singapore UCITS ETF (Acc) | 0.41 | 0.43 | 0.43 | 80 | Asia Pacific Equities | PR1J.DE vs XBAS.DE | |
| iShares Dow Jones Asia Pacific Select Dividend 50 ... | 0.47 | 0.51 | 0.55 | 93 | Asia Pacific Equities | PR1J.DE vs EXXW.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.48 | 0.43 | — | 91 | Semiconductors, Technology Equities | PR1J.DE vs LSMC.DE |
See all 88 diversifiers for PR1J.DE
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