Looking to diversify beyond EMKX.DE? The ETFs below have the lowest correlation with EMKX.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 EMKX.DE.
Best Diversifiers for EMKX.DE
0 ETFs have low correlation with EMKX.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EHDL.DE) (Emerging Markets Equities) with a 1Y correlation of 0.54, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.54 | 0.67 | 0.65 | 82 | Emerging Markets Equities | EMKX.DE vs EHDL.DE | |
| BNP Paribas Easy STOXX Europe 600 UCITS ETF | 0.58 | 0.58 | 0.60 | 59 | Europe Equities | EMKX.DE vs ETSZ.DE | |
| BNP Paribas Easy ECPI Circular Economy Leaders UCI... | 0.61 | 0.60 | 0.58 | 59 | Global Equities | EMKX.DE vs EMEC.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF | 0.63 | 0.56 | 0.54 | 68 | S&P 500 | EMKX.DE vs ESEA.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF USD | 0.64 | 0.56 | 0.54 | 68 | S&P 500 | EMKX.DE vs ESAP.DE |
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