Looking to diversify beyond UIM4.DE? The ETFs below have the lowest correlation with UIM4.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 UIM4.DE.
Best Diversifiers for UIM4.DE
1 ETFs have low correlation with UIM4.DE (below 0.3), 1 of which are negatively correlated. The least correlated is UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE) (Commodities) with a 1Y correlation of -0.13, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.13 | 0.07 | 0.14 | 69 | Commodities | UIM4.DE vs BCFE.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.55 | 0.69 | 0.76 | 55 | Europe Equities | UIM4.DE vs ELFC.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.58 | 0.57 | 0.60 | 55 | Europe Equities | UIM4.DE vs IBCJ.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.59 | 0.62 | 0.70 | 63 | Europe Equities | UIM4.DE vs FLXD.DE | |
| UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-a... | 0.60 | 0.55 | 0.63 | 51 | S&P 500 | UIM4.DE vs AW1C.DE |
See all 17 diversifiers for UIM4.DE
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