Looking to diversify beyond ED3F.DE? The ETFs below have the lowest correlation with ED3F.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 ED3F.DE.
Best Diversifiers for ED3F.DE
25 ETFs have low correlation with ED3F.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 0.00, roughly unchanged from 0.01 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 | 0.00 | 0.01 | 0.01 | 55 | Europe Equities | ED3F.DE vs ELFC.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.07 | 0.07 | 0.07 | 69 | Europe Equities | ED3F.DE vs EUPE.DE | |
| Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D | 0.16 | 0.16 | 0.16 | 51 | Europe Equities | ED3F.DE vs DXSA.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.20 | — | — | 74 | Europe Equities | ED3F.DE vs WTEE.DE | |
| Global X Wind Energy UCITS ETF USD Accumulating | 0.20 | 0.20 | 0.20 | 74 | Energy Equities | ED3F.DE vs WNDY.DE |
See all 28 diversifiers for ED3F.DE
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