Looking to diversify beyond ELF1.DE? The ETFs below have the lowest correlation with ELF1.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 ELF1.DE.
Best Diversifiers for ELF1.DE
0 ETFs have low correlation with ELF1.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 0.42, 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 | 0.42 | 0.52 | 0.61 | 63 | Europe Equities | ELF1.DE vs FLXD.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.43 | 0.62 | 0.70 | 55 | Europe Equities | ELF1.DE vs ELFC.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.43 | 0.62 | 0.70 | 69 | Europe Equities | ELF1.DE vs EUPE.DE | |
| Deka MSCI USA Climate Change ESG UCITS ETF | 0.52 | 0.46 | 0.55 | 61 | Large Cap Blend Equities | ELF1.DE vs D6RQ.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.53 | 0.63 | 0.63 | 74 | Europe Equities | ELF1.DE vs WTEE.DE |
See all 17 diversifiers for ELF1.DE
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