Looking to diversify beyond EL4I.DE? The ETFs below have the lowest correlation with EL4I.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 EL4I.DE.
Best Diversifiers for EL4I.DE
0 ETFs have low correlation with EL4I.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka MSCI Emerging Markets UCITS ETF (EL40.DE) (Emerging Markets Equities) with a 1Y correlation of 0.56, up from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka MSCI Emerging Markets UCITS ETF | 0.56 | 0.47 | 0.43 | 85 | Emerging Markets Equities | EL4I.DE vs EL40.DE | |
| iShares Dow Jones Industrial Average UCITS ETF (DE... | 0.62 | 0.64 | 0.70 | 68 | Large Cap Blend Equities | EL4I.DE vs EXI3.DE | |
| Deka MSCI USA MC UCITS ETF | 0.65 | 0.62 | 0.65 | 53 | Mid Cap Blend Equities | EL4I.DE vs EL41.DE | |
| UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ... | 0.65 | 0.68 | 0.73 | 86 | Large Cap Blend Equities | EL4I.DE vs USUE.DE | |
| iShares Dow Jones Industrial Average UCITS ETF (Ac... | 0.66 | 0.65 | 0.71 | 75 | Large Cap Blend Equities | EL4I.DE vs SXRU.DE |
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