Looking to diversify beyond 5ESG.DE? The ETFs below have the lowest correlation with 5ESG.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 5ESG.DE.
Best Diversifiers for 5ESG.DE
7 ETFs have low correlation with 5ESG.DE (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EUR AAA CLO UCITS ETF Acc | -0.10 | — | — | 93 | CLO | 5ESG.DE vs CLOA.DE | |
| Invesco Bloomberg Commodity ex-Agriculture UCITS E... | 0.01 | 0.14 | 0.17 | 52 | Commodities | 5ESG.DE vs XAAG.DE | |
| Invesco EUR AAA CLO UCITS ETF Dist | 0.04 | — | — | 98 | CLO | 5ESG.DE vs CLOD.DE | |
| Invesco European Utilities Sector UCITS ETF | 0.12 | 0.10 | 0.25 | 66 | Utilities Equities | 5ESG.DE vs SC0Z.DE | |
| Invesco European Oil & Gas Sector UCITS ETF | 0.15 | 0.25 | 0.30 | 78 | Energy Equities | 5ESG.DE vs SC0V.DE |
See all 82 diversifiers for 5ESG.DE
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Diversification Analysis
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