Looking to diversify beyond VALD.DE? The ETFs below have the lowest correlation with VALD.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 VALD.DE.
Best Diversifiers for VALD.DE
0 ETFs have low correlation with VALD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.DE) (S&P 500) with a 1Y correlation of 0.47, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy S&P 500 UCITS ETF EUR | 0.47 | 0.44 | 0.56 | 68 | S&P 500 | VALD.DE vs ESEE.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF USD | 0.48 | 0.45 | 0.56 | 73 | S&P 500 | VALD.DE vs ESAP.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.53 | 0.53 | 0.57 | 55 | Europe Equities | VALD.DE vs IBCJ.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF | 0.56 | 0.54 | 0.64 | 74 | S&P 500 | VALD.DE vs ESEA.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.65 | 0.78 | 0.84 | 55 | Europe Equities | VALD.DE vs ELFC.DE |
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