Looking to diversify beyond ELFF.DE? The ETFs below have the lowest correlation with ELFF.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 ELFF.DE.
Best Diversifiers for ELFF.DE
9 ETFs have low correlation with ELFF.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.DE) (European Corporate Bonds) with a 1Y correlation of -0.02, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares EUR Floating Rate Bond ESG UCITS ETF EUR (... | -0.02 | 0.07 | 0.07 | 90 | European Corporate Bonds | ELFF.DE vs EFRN.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.20 | 0.17 | 0.13 | 55 | Europe Equities | ELFF.DE vs ELFC.DE | |
| iShares iBonds Dec 2026 Term EUR Corporate UCITS E... | 0.21 | — | — | 95 | European Corporate Bonds | ELFF.DE vs IB26.DE | |
| Deka Future Energy ESG UCITS ETF | 0.22 | 0.21 | — | 94 | Energy Equities | ELFF.DE vs D6RD.DE | |
| Amundi Euro Corporate 0-1Y ESG UCITS ETF | 0.24 | 0.25 | 0.24 | 97 | European Corporate Bonds | ELFF.DE vs ECR1.DE |
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