Looking to diversify beyond EJAP.DE? The ETFs below have the lowest correlation with EJAP.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 EJAP.DE.
Best Diversifiers for EJAP.DE
0 ETFs have low correlation with EJAP.DE (below 0.3), 0 of which are negatively correlated. The least correlated is BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.DE) (S&P 500) with a 1Y correlation of 0.52, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy S&P 500 UCITS ETF EUR | 0.52 | 0.53 | 0.56 | 68 | S&P 500 | EJAP.DE vs ESEE.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF | 0.52 | 0.50 | 0.53 | 74 | S&P 500 | EJAP.DE vs ESEA.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF USD | 0.60 | 0.54 | 0.59 | 73 | S&P 500 | EJAP.DE vs ESAP.DE | |
| BNP Paribas Easy ECPI Circular Economy Leaders UCI... | 0.68 | 0.65 | 0.65 | 52 | Global Equities | EJAP.DE vs EMEC.DE | |
| iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.80 | 0.84 | 0.87 | 52 | Japan Equities | EJAP.DE vs IUS4.DE |
See all 19 diversifiers for EJAP.DE
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