Looking to diversify beyond EL4F.DE? The ETFs below have the lowest correlation with EL4F.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 EL4F.DE.
Best Diversifiers for EL4F.DE
0 ETFs have low correlation with EL4F.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Future Energy ESG UCITS ETF (D6RD.DE) (Energy Equities) with a 1Y correlation of 0.46, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Future Energy ESG UCITS ETF | 0.46 | 0.48 | 0.50 | 94 | Energy Equities | EL4F.DE vs D6RD.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.47 | 0.63 | 0.73 | 55 | Europe Equities | EL4F.DE vs ELFC.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.51 | 0.67 | 0.76 | 69 | Europe Equities | EL4F.DE vs EUPE.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.54 | 0.54 | 0.57 | 55 | Europe Equities | EL4F.DE vs IBCJ.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.55 | 0.59 | 0.68 | 63 | Europe Equities | EL4F.DE vs FLXD.DE |
See all 17 diversifiers for EL4F.DE
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