Looking to diversify beyond CTEN.DE? The ETFs below have the lowest correlation with CTEN.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 CTEN.DE.
Best Diversifiers for CTEN.DE
1 ETFs have low correlation with CTEN.DE (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) (Europe Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.29 | 0.22 | 0.22 | 85 | Europe Equities | CTEN.DE vs LGGE.DE |
Build a portfolio that complements CTEN.DE
Add CTEN.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CTEN.DE