Looking to diversify beyond UIM5.DE? The ETFs below have the lowest correlation with UIM5.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 UIM5.DE.
Best Diversifiers for UIM5.DE
1 ETFs have low correlation with UIM5.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 -0.09, down from 0.11 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... | -0.09 | 0.04 | 0.11 | 69 | Commodities | UIM5.DE vs BCFE.DE | |
| UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc | 0.49 | 0.51 | 0.54 | 79 | S&P 500, ESG | UIM5.DE vs 4UBQ.DE | |
| UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-a... | 0.49 | 0.53 | 0.55 | 51 | S&P 500 | UIM5.DE vs AW1C.DE | |
| UBS S&P 500 Scored & Screened UCITS ETF USD dis | 0.50 | 0.51 | 0.54 | 78 | S&P 500 | UIM5.DE vs S5SD.DE | |
| iShares MSCI EM UCITS ETF (Dist) | 0.54 | 0.50 | 0.50 | 84 | Emerging Markets Equities | UIM5.DE vs IQQE.DE |
See all 25 diversifiers for UIM5.DE
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