Looking to diversify beyond PR1R.DE? The ETFs below have the lowest correlation with PR1R.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 PR1R.DE.
Best Diversifiers for PR1R.DE
7 ETFs have low correlation with PR1R.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) (Semiconductors) with a 1Y correlation of 0.13, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.13 | 0.03 | 0.04 | 94 | Semiconductors, Technology Equities | PR1R.DE vs LSMC.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.14 | 0.03 | 0.06 | 64 | Technology Equities | PR1R.DE vs LYPG.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.18 | 0.22 | 0.28 | 95 | European Government Bonds | PR1R.DE vs PRAB.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.18 | 0.07 | 0.08 | 72 | Nasdaq-100 | PR1R.DE vs 6AQQ.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.19 | 0.07 | 0.07 | 71 | Nasdaq-100 | PR1R.DE vs LYMS.DE |
See all 8 diversifiers for PR1R.DE
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