Looking to diversify beyond UIMM.DE? The ETFs below have the lowest correlation with UIMM.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 UIMM.DE.
Best Diversifiers for UIMM.DE
3 ETFs have low correlation with UIMM.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF (IQQI.DE) (Global Equities) with a 1Y correlation of 0.14, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF | 0.14 | 0.33 | 0.45 | 70 | Global Equities | UIMM.DE vs IQQI.DE | |
| iShares Global Infrastructure UCITS ETF USD (Acc) | 0.17 | 0.34 | 0.36 | 71 | Utilities Equities, Global Equities | UIMM.DE vs CBUX.DE | |
| iShares USD Short Duration High Yield Corporate Bo... | 0.27 | 0.35 | 0.35 | 54 | High Yield Bonds | UIMM.DE vs IS3K.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.36 | 0.50 | 0.58 | 94 | Global Equities, Dividend | UIMM.DE vs VDIV.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.61 | 0.62 | 0.68 | 96 | Global Equities, Dividend | UIMM.DE vs ISPA.DE |
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