Looking to diversify beyond TRDX.DE? The ETFs below have the lowest correlation with TRDX.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 TRDX.DE.
Best Diversifiers for TRDX.DE
10 ETFs have low correlation with TRDX.DE (below 0.3), 3 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 -0.12, roughly unchanged from -0.13 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 | -0.12 | -0.13 | — | 72 | Global Equities | TRDX.DE vs FWEA.DE | |
| iShares eb.rexx Government Germany 0-1yr UCITS ETF... | -0.11 | 0.02 | 0.11 | 97 | Government Bonds | TRDX.DE vs EXVM.DE | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hd... | -0.01 | 0.09 | 0.10 | 67 | Government Bonds | TRDX.DE vs T1EU.DE | |
| Amundi Euro Government Bond 0-6 M UCITS ETF (Acc) | 0.00 | -0.02 | 0.03 | 99 | Government Bonds | TRDX.DE vs 18M1.DE | |
| Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.10 | 0.12 | -0.02 | 93 | Global Equities, ESG | TRDX.DE vs IQSA.DE |
See all 10 diversifiers for TRDX.DE
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