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 Amundi MSCI Europe High Dividend Factor UCITS ETF EUR (EHF1.DE) (Europe Equities) with a 1Y correlation of 0.47, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Europe High Dividend Factor UCITS ETF ... | 0.47 | 0.58 | 0.64 | 73 | Europe Equities | ELF0.DE vs EHF1.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.49 | 0.52 | 0.60 | 87 | Europe Equities | ELF0.DE vs FLXD.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.50 | 0.63 | 0.71 | 92 | Europe Equities | ELF0.DE vs EUPE.DE | |
| Deka Future Energy ESG UCITS ETF | 0.51 | 0.52 | — | 79 | Energy Equities | ELF0.DE vs D6RD.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.52 | 0.51 | 0.53 | 64 | Europe Equities | ELF0.DE vs IBCJ.DE |
See all 33 diversifiers for ELF0.DE
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