Looking to balance out your exposure to ENR.DE? The ETFs below have the lowest correlation with ENR.DE — they tend to move on their own, which can help reduce risk when ENR.DE drops. The stock ideas table highlights individual companies that behave independently from ENR.DE.
Best Diversifiers for ENR.DE
0 ETFs have low correlation with ENR.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Space Innovators UCITS ETF (JEDI.DE) (Industrials Equities) with a 1Y correlation of 0.43, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.43 | 0.38 | 0.39 | 94 | Industrials Equities | ENR.DE vs JEDI.DE | |
| iShares MSCI World Information Technology Sector E... | 0.51 | 0.41 | 0.42 | 61 | Technology Equities | ENR.DE vs AYEW.DE | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.53 | 0.41 | 0.41 | 69 | S&P 500 | ENR.DE vs SXR8.DE | |
| Amundi ETF Leveraged MSCI USA Daily UCITS ETF | 0.53 | 0.42 | 0.42 | 63 | Leveraged Equities | ENR.DE vs 18MF.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.54 | 0.42 | 0.42 | 64 | Technology Equities | ENR.DE vs LYPG.DE |
See all 9 diversifiers for ENR.DE
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