Looking to diversify beyond UDIV.DE? The ETFs below have the lowest correlation with UDIV.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 UDIV.DE.
Best Diversifiers for UDIV.DE
1 ETFs have low correlation with UDIV.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) (Nasdaq-100) with a 1Y correlation of 0.28, roughly unchanged from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.28 | 0.30 | — | 85 | Nasdaq-100, Options Trading | UDIV.DE vs QYLE.DE | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.31 | — | — | 78 | Nasdaq-100, Derivative Income | UDIV.DE vs JEQP.DE | |
| Global X S&P 500 Quarterly Tail Hedge UCITS ETF US... | 0.32 | 0.30 | — | 55 | Defined Outcome, S&P 500 | UDIV.DE vs SPQH.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.32 | — | — | 72 | S&P 500, Derivative Income | UDIV.DE vs XY7D.DE | |
| Global X Genomics & Biotechnology UCITS ETF | 0.35 | 0.43 | 0.42 | 80 | Health & Biotech Equities | UDIV.DE vs GN0M.DE |
See all 18 diversifiers for UDIV.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UDIV.DE
Add UDIV.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UDIV.DE