Looking to diversify beyond VMID.DE? The ETFs below have the lowest correlation with VMID.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 VMID.DE.
Best Diversifiers for VMID.DE
0 ETFs have low correlation with VMID.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) (Europe Equities) with a 1Y correlation of 0.43, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.43 | 0.57 | 0.65 | 55 | Europe Equities | VMID.DE vs ELFC.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.50 | 0.57 | 0.65 | 63 | Europe Equities | VMID.DE vs FLXD.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.50 | 0.47 | 0.50 | 55 | Europe Equities | VMID.DE vs IBCJ.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.55 | 0.65 | 0.72 | 69 | Europe Equities | VMID.DE vs EUPE.DE | |
| Vanguard FTSE Emerging Markets UCITS ETF Acc | 0.57 | 0.56 | 0.54 | 58 | Emerging Markets Equities | VMID.DE vs VFEA.DE |
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