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
1 ETFs have low correlation with EL4F.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF (EL4W.DE) (Money Market) with a 1Y correlation of 0.19, up from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Deutsche Börse EUROGOV Germany Money Market U... | 0.19 | 0.07 | 0.03 | 97 | Money Market | EL4F.DE vs EL4W.DE | |
| Deka Future Energy ESG UCITS ETF | 0.45 | 0.48 | — | 79 | Energy Equities | EL4F.DE vs D6RD.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.46 | 0.64 | 0.74 | 92 | Europe Equities | EL4F.DE vs EUPE.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.47 | 0.63 | 0.73 | 60 | Europe Equities | EL4F.DE vs ELFC.DE | |
| Amundi MSCI Europe High Dividend Factor UCITS ETF ... | 0.51 | 0.65 | 0.72 | 73 | Europe Equities | EL4F.DE vs EHF1.DE |
See all 38 diversifiers for EL4F.DE
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