Looking to diversify beyond EL4A.DE? The ETFs below have the lowest correlation with EL4A.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 EL4A.DE.
Best Diversifiers for EL4A.DE
0 ETFs have low correlation with EL4A.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) (Commodity Producers Equities) with a 1Y correlation of 0.33, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.33 | 0.38 | 0.43 | 87 | Commodity Producers Equities | EL4A.DE vs VVMX.DE | |
| Deka Future Energy ESG UCITS ETF | 0.45 | 0.48 | — | 94 | Energy Equities | EL4A.DE vs D6RD.DE | |
| VanEck Space Innovators UCITS ETF | 0.46 | 0.43 | — | 94 | Industrials Equities | EL4A.DE vs JEDI.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.47 | 0.63 | 0.73 | 55 | Europe Equities | EL4A.DE vs ELFC.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.51 | 0.52 | 0.58 | 97 | Semiconductors, Technology Equities | EL4A.DE vs SEC0.DE |
See all 29 diversifiers for EL4A.DE
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