Looking to diversify beyond 21XH.DE? The ETFs below have the lowest correlation with 21XH.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 21XH.DE.
Best Diversifiers for 21XH.DE
4 ETFs have low correlation with 21XH.DE (below 0.3), 1 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of -0.00, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.00 | 0.02 | 0.07 | 57 | Commodities | 21XH.DE vs ETL2.DE | |
| iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 0.05 | 0.05 | 0.12 | 55 | Utilities Equities | 21XH.DE vs EXH9.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.12 | 0.07 | 0.06 | 95 | European Government Bonds | 21XH.DE vs PRAB.DE | |
| Amundi MSCI Emerging Markets Latin America UCITS E... | 0.21 | 0.18 | 0.21 | 57 | Latin America Equities | 21XH.DE vs AMEL.DE |
Diversification Analysis
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