Looking to diversify beyond DELG.DE? The ETFs below have the lowest correlation with DELG.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 DELG.DE.
Best Diversifiers for DELG.DE
1 ETFs have low correlation with DELG.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 -0.02, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.02 | 0.14 | 0.15 | 57 | Commodities | DELG.DE vs ETL2.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.49 | 0.43 | — | 69 | Europe Equities | DELG.DE vs LGGE.DE | |
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.54 | 0.82 | 0.86 | 72 | Large Cap Blend Equities | DELG.DE vs IBCY.DE | |
| L&G Clean Energy UCITS ETF | 0.66 | 0.54 | 0.59 | 93 | Energy Equities | DELG.DE vs RENW.DE | |
| UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ... | 0.66 | 0.77 | 0.84 | 66 | Large Cap Blend Equities | DELG.DE vs USUE.DE |
See all 26 diversifiers for DELG.DE
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