Looking to balance out your exposure to RIO1.DE? The ETFs below have the lowest correlation with RIO1.DE — they tend to move on their own, which can help reduce risk when RIO1.DE drops. The stock ideas table highlights individual companies that behave independently from RIO1.DE.
Best Diversifiers for RIO1.DE
1 ETFs have low correlation with RIO1.DE (below 0.3), 0 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 0.28, roughly unchanged from 0.31 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) | 0.28 | 0.28 | 0.31 | 69 | S&P 500 | RIO1.DE vs SXR8.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.40 | 0.47 | 0.46 | 74 | Europe Equities | RIO1.DE vs WTEE.DE |
Diversification Analysis
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