Looking to diversify beyond ELF0.DE? The ETFs below have the lowest correlation with ELF0.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 ELF0.DE.
Best Diversifiers for ELF0.DE
0 ETFs have low correlation with ELF0.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.50, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.50 | 0.53 | 0.61 | 63 | Europe Equities | ELF0.DE vs FLXD.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.51 | 0.50 | 0.53 | 55 | Europe Equities | ELF0.DE vs IBCJ.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.52 | 0.63 | 0.71 | 55 | Europe Equities | ELF0.DE vs ELFC.DE | |
| Deka MSCI USA Climate Change ESG UCITS ETF | 0.55 | 0.49 | 0.56 | 61 | Large Cap Blend Equities | ELF0.DE vs D6RQ.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.56 | 0.65 | 0.72 | 69 | Europe Equities | ELF0.DE vs EUPE.DE |
See all 13 diversifiers for ELF0.DE
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