Looking to diversify beyond DEGC.DE? The ETFs below have the lowest correlation with DEGC.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 DEGC.DE.
Best Diversifiers for DEGC.DE
0 ETFs have low correlation with DEGC.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Global Buyback Achievers UCITS ETF (BBCK.DE) (Global Equities) with a 1Y correlation of 0.69, roughly unchanged from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Global Buyback Achievers UCITS ETF | 0.69 | 0.69 | 0.69 | 66 | Global Equities | DEGC.DE vs BBCK.DE | |
| iShares MSCI World Momentum Factor ESG UCITS ETF U... | 0.72 | 0.72 | 0.72 | 66 | Momentum, Global Equities, ESG | DEGC.DE vs CBUH.DE | |
| Xtrackers MSCI Global SDG 12 Circular Economy UCIT... | 0.73 | 0.73 | 0.73 | 93 | Global Equities | DEGC.DE vs XG12.DE | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.80 | 0.80 | 0.80 | 74 | Global Equities | DEGC.DE vs JPGL.DE |
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