Looking to diversify beyond DES2.DE? The ETFs below have the lowest correlation with DES2.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 DES2.DE.
Best Diversifiers for DES2.DE
2 ETFs have low correlation with DES2.DE (below 0.3), 2 of which are negatively correlated. The least correlated is L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) (Small Cap Blend Equities) with a 1Y correlation of -0.57, roughly unchanged from -0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Russell 2000 US Small Cap Quality UCITS ETF US... | -0.57 | -0.55 | -0.60 | 88 | Small Cap Blend Equities | DES2.DE vs ETLZ.DE | |
| L&G Healthcare Technology & Innovation UCITS ETF U... | -0.47 | -0.49 | -0.52 | 67 | Health & Biotech Equities | DES2.DE vs XMLH.DE |
Diversification Analysis
Build a portfolio that complements DES2.DE
Add DES2.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DES2.DE