Looking to diversify beyond TRDL.DE? The ETFs below have the lowest correlation with TRDL.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 TRDL.DE.
Best Diversifiers for TRDL.DE
10 ETFs have low correlation with TRDL.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco FTSE All-World UCITS ETF (FWEA.DE) (Global Equities) with a 1Y correlation of 0.09, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF | 0.09 | 0.03 | 0.03 | 72 | Global Equities | TRDL.DE vs FWEA.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.18 | 0.11 | — | 74 | Nasdaq-100 | TRDL.DE vs EQQX.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.19 | 0.11 | — | 71 | Nasdaq-100 | TRDL.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.19 | 0.11 | — | 71 | Nasdaq-100 | TRDL.DE vs EQQB.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | 0.20 | 0.15 | — | 78 | S&P 500 | TRDL.DE vs 5ESG.DE |
See all 10 diversifiers for TRDL.DE
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