Looking to diversify beyond SYBN.DE? The ETFs below have the lowest correlation with SYBN.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 SYBN.DE.
Best Diversifiers for SYBN.DE
6 ETFs have low correlation with SYBN.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (SXRR.DE) (Corporate Bonds) with a 1Y correlation of -0.04, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged ... | -0.04 | -0.02 | 0.01 | 91 | Corporate Bonds | SYBN.DE vs SXRR.DE | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.01 | 0.06 | 0.04 | 63 | Corporate Bonds, ESG | SYBN.DE vs IS0Y.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | 0.04 | 0.03 | -0.01 | 94 | Corporate Bonds | SYBN.DE vs FRNE.DE | |
| Amundi USD Floating Rate Corporate Bond ESG UCITS ... | 0.13 | 0.09 | 0.05 | 97 | Corporate Bonds, ESG | SYBN.DE vs FRNH.DE | |
| SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist... | 0.21 | 0.20 | 0.10 | 50 | Europe Equities | SYBN.DE vs SPYW.DE |
See all 13 diversifiers for SYBN.DE
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Diversification Analysis
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