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Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.DE) Diversifiers

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

EL49.DE is a passive ETF by Deka tracking the investment results of the iBoxx® EUR Liquid Corporates Diversified. EL49.DE launched on Feb 17, 2010 and has a 0.20% expense ratio.

Looking to diversify beyond EL49.DE? The ETFs below have the lowest correlation with EL49.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 EL49.DE.

Best Diversifiers for EL49.DE

5 ETFs have low correlation with EL49.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.DE) (European Corporate Bonds) with a 1Y correlation of -0.02, roughly unchanged from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
EFRN.DE
iShares EUR Floating Rate Bond ESG UCITS ETF EUR (...-0.020.040.04
90
European Corporate BondsEL49.DE vs EFRN.DE
IB26.DE
iShares iBonds Dec 2026 Term EUR Corporate UCITS E...0.16——
95
European Corporate BondsEL49.DE vs IB26.DE
ECR1.DE
Amundi Euro Corporate 0-1Y ESG UCITS ETF0.200.230.22
97
European Corporate BondsEL49.DE vs ECR1.DE
D6RQ.DE
Deka MSCI USA Climate Change ESG UCITS ETF0.280.190.20
61
Large Cap Blend EquitiesEL49.DE vs D6RQ.DE
ELFC.DE
Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF0.290.250.23
55
Europe EquitiesEL49.DE vs ELFC.DE
See all 11 diversifiers for EL49.DE

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Diversification Analysis

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