Looking to diversify beyond TRDS.DE? The ETFs below have the lowest correlation with TRDS.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 TRDS.DE.
Best Diversifiers for TRDS.DE
10 ETFs have low correlation with TRDS.DE (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF | -0.17 | — | — | 72 | Global Equities | TRDS.DE vs FWEA.DE | |
| Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.14 | 0.14 | -0.02 | 79 | Global Equities, ESG | TRDS.DE vs IQSA.DE | |
| Invesco FTSE All-World UCITS ETF Acc | 0.15 | — | — | 77 | Global Equities | TRDS.DE vs FWIA.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.18 | 0.14 | 0.02 | 71 | Nasdaq-100 | TRDS.DE vs EQQB.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.18 | 0.14 | 0.02 | 71 | Nasdaq-100 | TRDS.DE vs EQQQ.DE |
See all 10 diversifiers for TRDS.DE
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