Looking to balance out your exposure to PRG.DE? The ETFs below have the lowest correlation with PRG.DE — they tend to move on their own, which can help reduce risk when PRG.DE drops. The stock ideas table highlights individual companies that behave independently from PRG.DE.
Best Diversifiers for PRG.DE
3 ETFs have low correlation with PRG.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) (S&P 500) with a 1Y correlation of -0.06, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 UCITS ETF USD (Acc) | -0.06 | 0.09 | 0.22 | 69 | S&P 500 | PRG.DE vs SXR8.DE | |
| iShares MSCI ACWI UCITS ETF (Acc) | -0.03 | 0.05 | 0.16 | 76 | Global Equities | PRG.DE vs IUSQ.DE | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.26 | 0.22 | 0.27 | 83 | Global Equities, Dividend | PRG.DE vs VGWD.DE |
Diversification Analysis
Build a portfolio that complements PRG.DE
Add PRG.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRG.DE