Looking to diversify beyond EN4C.DE? The ETFs below have the lowest correlation with EN4C.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 EN4C.DE.
Best Diversifiers for EN4C.DE
9 ETFs have low correlation with EN4C.DE (below 0.3), 9 of which are negatively correlated. The least correlated is L&G Japan Equity UCITS ETF (ETLR.DE) (Japan Equities) with a 1Y correlation of -0.21, down from 0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Japan Equity UCITS ETF | -0.21 | 0.03 | — | 50 | Japan Equities | EN4C.DE vs ETLR.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | -0.20 | -0.04 | — | 69 | Europe Equities | EN4C.DE vs LGGE.DE | |
| L&G ROBO Global Robotics and Automation UCITS ETF | -0.10 | 0.06 | — | 77 | Technology Equities | EN4C.DE vs IROB.DE | |
| L&G Clean Energy UCITS ETF | -0.07 | 0.06 | — | 93 | Energy Equities | EN4C.DE vs RENW.DE | |
| L&G Global Equity UCITS ETF | -0.07 | 0.13 | — | 69 | Global Equities | EN4C.DE vs ETLQ.DE |
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