Looking to diversify beyond EL4C.DE? The ETFs below have the lowest correlation with EL4C.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 EL4C.DE.
Best Diversifiers for EL4C.DE
5 ETFs have low correlation with EL4C.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Expat Romania BET UCITS ETF (ROX.DE) (Europe Equities) with a 1Y correlation of 0.10, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Expat Romania BET UCITS ETF | 0.10 | 0.09 | 0.13 | 97 | Europe Equities | EL4C.DE vs ROX.DE | |
| Expat Slovenia SBI TOP UCITS ETF | 0.12 | 0.14 | 0.12 | 53 | Europe Equities | EL4C.DE vs SLQX.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.24 | 0.40 | 0.48 | 71 | Europe Equities | EL4C.DE vs ELFC.DE | |
| Amundi MSCI Europe High Dividend Factor UCITS ETF ... | 0.26 | 0.41 | 0.47 | 80 | Europe Equities | EL4C.DE vs EHF1.DE | |
| Expat Hungary BUX UCITS ETF | 0.28 | 0.24 | 0.29 | 79 | Europe Equities | EL4C.DE vs HUBE.DE |
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