Looking to diversify beyond D6RP.DE? The ETFs below have the lowest correlation with D6RP.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 D6RP.DE.
Best Diversifiers for D6RP.DE
1 ETFs have low correlation with D6RP.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) (Europe Equities) with a 1Y correlation of 0.26, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.26 | 0.31 | 0.47 | 55 | Europe Equities | D6RP.DE vs ELFC.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.34 | 0.42 | 0.53 | 88 | Global Equities, Dividend | D6RP.DE vs VDIV.DE | |
| Deka EURO STOXX Select Dividend 30 UCITS ETF | 0.49 | 0.39 | 0.50 | 53 | Europe Equities | D6RP.DE vs EL4G.DE | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.54 | 0.62 | 0.72 | 74 | Global Equities | D6RP.DE vs JPGL.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.56 | 0.54 | 0.62 | 93 | Global Equities, Dividend | D6RP.DE vs ISPA.DE |
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