Looking to diversify beyond EL4Z.DE? The ETFs below have the lowest correlation with EL4Z.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 EL4Z.DE.
Best Diversifiers for EL4Z.DE
0 ETFs have low correlation with EL4Z.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 0.61, up from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka MSCI Emerging Markets UCITS ETF | 0.61 | 0.49 | 0.48 | 85 | Emerging Markets Equities | EL4Z.DE vs EL40.DE | |
| UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ... | 0.70 | 0.80 | 0.87 | 86 | Large Cap Blend Equities | EL4Z.DE vs USUE.DE | |
| Deka MSCI USA MC UCITS ETF | 0.73 | 0.73 | 0.79 | 53 | Mid Cap Blend Equities | EL4Z.DE vs EL41.DE | |
| iShares MSCI World SRI UCITS ETF EUR (Acc) | 0.86 | 0.87 | 0.91 | 65 | Large Cap Blend Equities | EL4Z.DE vs 2B7K.DE | |
| iShares MSCI USA SRI UCITS ETF USD (Acc) | 0.87 | 0.89 | 0.92 | 73 | Large Cap Blend Equities | EL4Z.DE vs QDVR.DE |
See all 23 diversifiers for EL4Z.DE
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