Looking to diversify beyond ENOA.DE? The ETFs below have the lowest correlation with ENOA.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 ENOA.DE.
Best Diversifiers for ENOA.DE
0 ETFs have low correlation with ENOA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.55, down from 0.89 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.55 | 0.84 | 0.89 | 72 | Large Cap Blend Equities | ENOA.DE vs IBCY.DE | |
| BNP Paribas Easy ECPI Circular Economy Leaders UCI... | 0.69 | 0.79 | 0.84 | 52 | Global Equities | ENOA.DE vs EMEC.DE | |
| UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ... | 0.71 | 0.82 | 0.89 | 66 | Large Cap Blend Equities | ENOA.DE vs USUE.DE | |
| iShares MSCI USA SRI UCITS ETF USD (Acc) | 0.88 | 0.91 | 0.94 | 55 | Large Cap Blend Equities | ENOA.DE vs QDVR.DE | |
| iShares MSCI USA SRI UCITS ETF USD Dist | 0.88 | 0.91 | 0.94 | 55 | Large Cap Blend Equities | ENOA.DE vs 36B6.DE |
See all 20 diversifiers for ENOA.DE
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