Looking to diversify beyond TRDE.DE? The ETFs below have the lowest correlation with TRDE.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 TRDE.DE.
Best Diversifiers for TRDE.DE
11 ETFs have low correlation with TRDE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) (Nasdaq-100) with a 1Y correlation of 0.05, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.05 | -0.03 | -0.03 | 73 | Nasdaq-100 | TRDE.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.05 | -0.03 | — | 72 | Nasdaq-100 | TRDE.DE vs EQQB.DE | |
| Invesco S&P 500 UCITS ETF | 0.06 | -0.03 | -0.07 | 77 | S&P 500 | TRDE.DE vs P500.DE | |
| iShares eb.rexx Government Germany 0-1yr UCITS ETF... | 0.06 | 0.13 | 0.20 | 97 | Government Bonds | TRDE.DE vs EXVM.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.07 | -0.02 | -0.06 | 78 | S&P 500 | TRDE.DE vs D500.DE |
See all 11 diversifiers for TRDE.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TRDE.DE
Add TRDE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TRDE.DE