Looking to balance out your exposure to PTX.DE? The ETFs below have the lowest correlation with PTX.DE — they tend to move on their own, which can help reduce risk when PTX.DE drops. The stock ideas table highlights individual companies that behave independently from PTX.DE.
Best Diversifiers for PTX.DE
0 ETFs have low correlation with PTX.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 0.31, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.31 | 0.42 | 0.46 | 94 | Semiconductors, Technology Equities | PTX.DE vs LSMC.DE | |
| Vanguard FTSE All-World UCITS ETF | 0.38 | 0.48 | 0.50 | 76 | Global Equities | PTX.DE vs VWCE.DE | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.39 | 0.48 | 0.49 | 70 | Global Equities | PTX.DE vs EUNL.DE | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.42 | 0.48 | 0.49 | 69 | S&P 500 | PTX.DE vs SXR8.DE | |
| iShares NASDAQ 100 UCITS ETF | 0.43 | 0.53 | 0.56 | 66 | Nasdaq-100 | PTX.DE vs NQSE.DE |
See all 6 diversifiers for PTX.DE
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