Looking to diversify beyond TRD7.DE? The ETFs below have the lowest correlation with TRD7.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 TRD7.DE.
Best Diversifiers for TRD7.DE
10 ETFs have low correlation with TRD7.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco FTSE All-World UCITS ETF (FWEA.DE) (Global Equities) with a 1Y correlation of -0.23, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF | -0.23 | -0.25 | -0.25 | 72 | Global Equities | TRD7.DE vs FWEA.DE | |
| Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.10 | 0.10 | -0.04 | 79 | Global Equities, ESG | TRD7.DE vs IQSA.DE | |
| Invesco FTSE All-World UCITS ETF Acc | 0.11 | 0.09 | 0.09 | 77 | Global Equities | TRD7.DE vs FWIA.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.16 | 0.12 | 0.01 | 71 | Nasdaq-100 | TRD7.DE vs EQQB.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.16 | 0.12 | 0.01 | 74 | Nasdaq-100 | TRD7.DE vs EQQX.DE |
See all 10 diversifiers for TRD7.DE
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