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
13 ETFs have low correlation with EN4C.DE (below 0.3), 10 of which are negatively correlated. The least correlated is L&G Europe ex UK Equity UCITS ETF (ETLN.DE) (Europe Equities) with a 1Y correlation of -0.24, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Europe ex UK Equity UCITS ETF | -0.24 | -0.09 | — | 54 | Europe Equities | EN4C.DE vs ETLN.DE | |
| L&G Japan Equity UCITS ETF | -0.19 | 0.03 | — | 77 | Japan Equities, Asia Pacific Equities | EN4C.DE vs ETLR.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | -0.15 | -0.03 | — | 89 | Europe Equities | EN4C.DE vs LGGE.DE | |
| L&G Global Equity UCITS ETF | -0.07 | 0.12 | — | 83 | Global Equities | EN4C.DE vs ETLQ.DE | |
| L&G ROBO Global Robotics and Automation UCITS ETF | -0.06 | 0.07 | — | 57 | Technology Equities | EN4C.DE vs IROB.DE |
See all 33 diversifiers for EN4C.DE
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