Looking to diversify beyond TRD3.DE? The ETFs below have the lowest correlation with TRD3.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 TRD3.DE.
Best Diversifiers for TRD3.DE
11 ETFs have low correlation with TRD3.DE (below 0.3), 4 of which are negatively correlated. The least correlated is Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) (Global Equities) with a 1Y correlation of -0.26, roughly unchanged from -0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | -0.26 | -0.29 | — | 70 | Global Equities | TRD3.DE vs FWEA.DE | |
| iShares eb.rexx Government Germany 0-1yr UCITS ETF... | -0.11 | -0.06 | -0.00 | 97 | Government Bonds | TRD3.DE vs EXVM.DE | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hd... | -0.07 | -0.06 | -0.07 | 66 | Government Bonds | TRD3.DE vs T1EU.DE | |
| Amundi Euro Government Bond 0-6 M UCITS ETF (Acc) | -0.03 | -0.01 | 0.01 | 99 | Government Bonds | TRD3.DE vs 18M1.DE | |
| iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist) | 0.03 | 0.05 | 0.07 | 95 | Government Bonds | TRD3.DE vs EUN6.DE |
See all 11 diversifiers for TRD3.DE
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