Looking to diversify beyond X1GD.DE? The ETFs below have the lowest correlation with X1GD.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 X1GD.DE.
Best Diversifiers for X1GD.DE
5 ETFs have low correlation with X1GD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) (European Government Bonds) with a 1Y correlation of 0.21, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.21 | 0.21 | 0.29 | 97 | European Government Bonds | X1GD.DE vs PRAB.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.23 | 0.07 | 0.08 | 91 | Semiconductors, Technology Equities | X1GD.DE vs LSMC.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.27 | 0.11 | — | 67 | Nasdaq-100 | X1GD.DE vs 6AQQ.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.27 | 0.13 | 0.11 | 56 | Robotics, Technology Equities | X1GD.DE vs GOAI.DE | |
| Amundi S&P 500 UCITS ETF EUR | 0.28 | 0.13 | 0.09 | 78 | S&P 500 | X1GD.DE vs AUM5.DE |
See all 7 diversifiers for X1GD.DE
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