Looking to diversify beyond UIMA.DE? The ETFs below have the lowest correlation with UIMA.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 UIMA.DE.
Best Diversifiers for UIMA.DE
6 ETFs have low correlation with UIMA.DE (below 0.3), 4 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of -0.12, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.12 | 0.01 | 0.08 | 57 | Commodities | UIMA.DE vs ETL2.DE | |
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.10 | 0.09 | 0.17 | 69 | Commodities | UIMA.DE vs BCFE.DE | |
| UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR... | -0.09 | 0.12 | 0.21 | 83 | Commodities | UIMA.DE vs UIQ1.DE | |
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.05 | 0.16 | 0.23 | 74 | Commodities | UIMA.DE vs BCFU.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.15 | 0.09 | 0.07 | 95 | European Government Bonds | UIMA.DE vs PRAB.DE |
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