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 Amundi ETF Leveraged MSCI USA Daily UCITS ETF (18MF.DE) (Leveraged Equities) with a 1Y correlation of 0.52, up from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi ETF Leveraged MSCI USA Daily UCITS ETF | 0.52 | 0.42 | 0.42 | 67 | Leveraged Equities | ENR.DE vs 18MF.DE | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.53 | 0.41 | 0.42 | 73 | S&P 500 | ENR.DE vs SXR8.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.55 | 0.42 | — | 64 | Nasdaq-100 | ENR.DE vs EQQB.DE | |
| iShares MSCI World SRI UCITS ETF EUR (Acc) | 0.57 | 0.47 | 0.48 | 59 | Global Equities, ESG | ENR.DE vs 2B7K.DE | |
| Amundi MSCI World III UCITS ETF Dist | 0.57 | 0.48 | 0.47 | 81 | Global Equities | ENR.DE vs AHYQ.DE |
See all 7 diversifiers for ENR.DE
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