Looking to diversify beyond PRAE.DE? The ETFs below have the lowest correlation with PRAE.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 PRAE.DE.
Best Diversifiers for PRAE.DE
3 ETFs have low correlation with PRAE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Expat Romania BET UCITS ETF (ROX.DE) (Europe Equities) with a 1Y correlation of 0.08, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Expat Romania BET UCITS ETF | 0.08 | 0.08 | 0.16 | 97 | Europe Equities | PRAE.DE vs ROX.DE | |
| Expat Croatia Crobex UCITS ETF | 0.21 | 0.14 | 0.19 | 58 | Europe Equities | PRAE.DE vs ECDC.DE | |
| Expat Slovenia SBI TOP UCITS ETF | 0.22 | 0.17 | 0.15 | 53 | Europe Equities | PRAE.DE vs SLQX.DE | |
| Expat Hungary BUX UCITS ETF | 0.31 | 0.29 | 0.34 | 79 | Europe Equities | PRAE.DE vs HUBE.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.48 | 0.46 | — | 87 | Semiconductors, Technology Equities | PRAE.DE vs LSMC.DE |
See all 135 diversifiers for PRAE.DE
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