Looking to diversify beyond PUIG.DE? The ETFs below have the lowest correlation with PUIG.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 PUIG.DE.
Best Diversifiers for PUIG.DE
2 ETFs have low correlation with PUIG.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE) (Corporate Bonds) with a 1Y correlation of 0.02, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | 0.02 | 0.02 | -0.01 | 86 | Corporate Bonds | PUIG.DE vs FRNE.DE | |
| Invesco FTSE All-World UCITS ETF | 0.07 | — | — | 72 | Global Equities | PUIG.DE vs FWEA.DE | |
| Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.33 | 0.29 | 0.18 | 79 | Global Equities, ESG | PUIG.DE vs IQSA.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.34 | 0.26 | 0.21 | 71 | Nasdaq-100 | PUIG.DE vs EQQQ.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.34 | 0.26 | 0.21 | 74 | Nasdaq-100 | PUIG.DE vs EQQX.DE |
See all 11 diversifiers for PUIG.DE
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