Looking to diversify beyond ESE.PA? The ETFs below have the lowest correlation with ESE.PA — 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 ESE.PA.
Best Diversifiers for ESE.PA
0 ETFs have low correlation with ESE.PA (below 0.3), 0 of which are negatively correlated. The least correlated is BNP Paribas Easy Stoxx Europe 600 UCITS ETF EUR C (ETZ.PA) (Europe Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Stoxx Europe 600 UCITS ETF EUR C | 0.59 | 0.56 | 0.65 | 53 | Europe Equities | ESE.PA vs ETZ.PA | |
| Amundi PEA Nasdaq-100 UCITS ETF Acc | 0.94 | 0.93 | 0.92 | 71 | Nasdaq-100 | ESE.PA vs PUST.PA | |
| iShares MSCI World Swap PEA UCITS ETF | 0.95 | — | — | 79 | Global Equities | ESE.PA vs WPEA.PA | |
| Amundi ETF PEA S&P 500 UCITS ETF EUR | 0.96 | 0.97 | 0.98 | 84 | S&P 500 | ESE.PA vs PE500.PA | |
| Amundi S&P 500 ESG UCITS ETF Acc EUR | 0.97 | 0.97 | 0.98 | 86 | S&P 500, ESG | ESE.PA vs S500.PA |
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