Looking to diversify beyond ESAD.DE? The ETFs below have the lowest correlation with ESAD.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 ESAD.DE.
Best Diversifiers for ESAD.DE
7 ETFs have low correlation with ESAD.DE (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Euro Inflation Expectations 2-10Y UCITS ETF... | -0.25 | — | — | 56 | Inflation-Protected Bonds | ESAD.DE vs EUIN.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.03 | — | — | 99 | Money Market | ESAD.DE vs XEON.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.04 | 0.05 | 0.05 | 68 | Commodities | ESAD.DE vs ENTR.DE | |
| AXA IM MSCI Emerging Markets ex-China Equity PAB U... | 0.15 | 0.23 | 0.23 | 88 | Emerging Markets Equities | ESAD.DE vs AXQT.DE | |
| L&G Clean Energy UCITS ETF | 0.17 | 0.24 | 0.24 | 73 | Energy Equities | ESAD.DE vs RENW.DE |
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