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Deka MSCI China ex A Shares UCITS ETF (EL46.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

EL46.DE is a passive ETF by Deka Investment GmbH tracking the investment results of the MSCI China ex A Shares. EL46.DE launched on Jun 29, 2010 and has a 0.66% expense ratio.

Looking to diversify beyond EL46.DE? The ETFs below have the lowest correlation with EL46.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 EL46.DE.

Best Diversifiers for EL46.DE

1 ETFs have low correlation with EL46.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck New China ESG UCITS ETF A (CEBG.DE) (China Equities) with a 1Y correlation of 0.25, roughly unchanged from 0.28 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CEBG.DE
VanEck New China ESG UCITS ETF A0.250.320.28
52
China EquitiesEL46.DE vs CEBG.DE
EL4I.DE
Deka MSCI USA Large Cap UCITS ETF0.320.230.24
66
Large Cap Blend EquitiesEL46.DE vs EL4I.DE
EL4Z.DE
Deka MSCI USA UCITS ETF0.350.230.26
65
Large Cap Blend EquitiesEL46.DE vs EL4Z.DE
RQFI.DE
Xtrackers Harvest CSI 300 UCITS ETF 1D0.500.610.64
75
China EquitiesEL46.DE vs RQFI.DE
C024.DE
Amundi MSCI China A II UCITS ETF Dist0.540.610.61
83
China EquitiesEL46.DE vs C024.DE
See all 9 diversifiers for EL46.DE

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Diversification Analysis

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