Looking to diversify beyond TGBT.DE? The ETFs below have the lowest correlation with TGBT.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 TGBT.DE.
Best Diversifiers for TGBT.DE
5 ETFs have low correlation with TGBT.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Space Innovators UCITS ETF (JEDI.DE) (Industrials Equities) with a 1Y correlation of 0.07, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.07 | 0.04 | 0.07 | 94 | Industrials Equities | TGBT.DE vs JEDI.DE | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.10 | 0.05 | 0.03 | 87 | Commodity Producers Equities | TGBT.DE vs VVMX.DE | |
| VanEck Semiconductor UCITS ETF | 0.12 | 0.04 | 0.06 | 96 | Semiconductors, Technology Equities | TGBT.DE vs VVSM.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.12 | 0.19 | 0.27 | 95 | European Government Bonds | TGBT.DE vs PRAB.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.14 | 0.14 | 0.06 | 88 | Global Equities, Dividend | TGBT.DE vs VDIV.DE |
Diversification Analysis
Build a portfolio that complements TGBT.DE
Add TGBT.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TGBT.DE