Looking to diversify beyond SNAZ.DE? The ETFs below have the lowest correlation with SNAZ.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 SNAZ.DE.
Best Diversifiers for SNAZ.DE
15 ETFs have low correlation with SNAZ.DE (below 0.3), 2 of which are negatively correlated. The least correlated is Xtrackers II Harvest China Government Bond UCITS ETF (Dist) (CGB.DE) (Emerging Markets Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II Harvest China Government Bond UCITS E... | -0.10 | -0.22 | -0.20 | 78 | Emerging Markets Bonds | SNAZ.DE vs CGB.DE | |
| iShares China CNY Bond UCITS ETF USD (Dist) | -0.08 | -0.20 | -0.17 | 70 | Emerging Markets Bonds | SNAZ.DE vs ICGB.DE | |
| UBS ETF (LU) J.P. Morgan EM Multi-Factor Enhanced ... | 0.17 | 0.20 | 0.17 | 80 | Emerging Markets Bonds | SNAZ.DE vs UEFE.DE | |
| VanEck J.P. Morgan EM Local Currency Bond UCITS ET... | 0.18 | 0.23 | 0.18 | 76 | Emerging Markets Bonds | SNAZ.DE vs EM1C.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.20 | 0.14 | 0.21 | 54 | Technology Equities, S&P 500 | SNAZ.DE vs QDVE.DE |
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