Looking to diversify beyond ES6Y.DE? The ETFs below have the lowest correlation with ES6Y.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 ES6Y.DE.
Best Diversifiers for ES6Y.DE
1 ETFs have low correlation with ES6Y.DE (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of 0.05, roughly unchanged from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | 0.05 | 0.13 | — | 57 | Commodities | ES6Y.DE vs ETL2.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.33 | 0.40 | — | 69 | Europe Equities | ES6Y.DE vs LGGE.DE | |
| L&G Clean Energy UCITS ETF | 0.49 | 0.54 | 0.56 | 93 | Energy Equities | ES6Y.DE vs RENW.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.50 | 0.63 | 0.65 | 94 | Semiconductors, Technology Equities | ES6Y.DE vs LSMC.DE | |
| Xtrackers Future Mobility UCITS ETF | 0.52 | 0.64 | — | 81 | Technology Equities | ES6Y.DE vs XMOV.DE |
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