Looking to diversify beyond PR1S.DE? The ETFs below have the lowest correlation with PR1S.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 PR1S.DE.
Best Diversifiers for PR1S.DE
7 ETFs have low correlation with PR1S.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 0.04, up from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.04 | -0.01 | -0.11 | 94 | Semiconductors, Technology Equities | PR1S.DE vs LSMC.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.11 | 0.09 | -0.02 | 64 | Technology Equities | PR1S.DE vs LYPG.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.14 | 0.09 | -0.04 | 67 | Robotics, Technology Equities | PR1S.DE vs GOAI.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.17 | 0.14 | 0.02 | 71 | Nasdaq-100 | PR1S.DE vs LYMS.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.18 | 0.13 | 0.02 | 72 | Nasdaq-100 | PR1S.DE vs 6AQQ.DE |
See all 7 diversifiers for PR1S.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PR1S.DE
Add PR1S.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PR1S.DE