Looking to diversify beyond QDVD.DE? The ETFs below have the lowest correlation with QDVD.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 QDVD.DE.
Best Diversifiers for QDVD.DE
3 ETFs have low correlation with QDVD.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) (EUED.DE) (Ultrashort Bond) with a 1Y correlation of -0.02, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (D... | -0.02 | 0.00 | 0.06 | 80 | Ultrashort Bond, ESG | QDVD.DE vs EUED.DE | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.20 | 0.26 | 0.32 | 58 | Corporate Bonds, ESG | QDVD.DE vs IS0Y.DE | |
| Amundi USD Floating Rate Corporate Bond ESG UCITS ... | 0.25 | 0.12 | 0.09 | 97 | Corporate Bonds, ESG | QDVD.DE vs FRNH.DE | |
| Xtrackers Developed Green Real Estate ESG UCITS ET... | 0.46 | — | — | 63 | REIT, ESG, Global Equities | QDVD.DE vs XDRE.DE | |
| iShares MSCI Europe Quality Dividend ESG UCITS ETF... | 0.52 | 0.51 | 0.57 | 51 | Europe Equities | QDVD.DE vs QDVX.DE |
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