Looking to diversify beyond YGLD.DE? The ETFs below have the lowest correlation with YGLD.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 YGLD.DE.
Best Diversifiers for YGLD.DE
6 ETFs have low correlation with YGLD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) (Global Equities) with a 1Y correlation of 0.04, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.04 | 0.12 | 0.12 | 88 | Global Equities, Dividend | YGLD.DE vs VDIV.DE | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.06 | — | — | 67 | Nasdaq-100, Derivative Income | YGLD.DE vs JEQP.DE | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.09 | — | — | 74 | Derivative Income | YGLD.DE vs IGOG.DE | |
| Leverage Shares 3x Long Taiwan ETP Securities | 0.12 | — | — | 96 | Leveraged Equities | YGLD.DE vs TAI3.DE | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.13 | 0.14 | 0.14 | 76 | Nasdaq-100, Derivative Income | YGLD.DE vs JEQA.DE |
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