Looking to diversify beyond ESEA.DE? The ETFs below have the lowest correlation with ESEA.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 ESEA.DE.
Best Diversifiers for ESEA.DE
3 ETFs have low correlation with ESEA.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF (Acc) (QDVF.DE) (Energy Equities) with a 1Y correlation of -0.13, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | -0.13 | 0.13 | 0.29 | 51 | Energy Equities, S&P 500 | ESEA.DE vs QDVF.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.06 | 0.05 | 0.14 | 77 | Commodities | ESEA.DE vs EMEH.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | 0.02 | 0.13 | 0.16 | 74 | Commodities | ESEA.DE vs GSDE.DE | |
| BNP Paribas Easy MSCI Japan ESG Filtered Min TE UC... | 0.52 | 0.50 | 0.53 | 51 | Japan Equities | ESEA.DE vs EJAP.DE | |
| Amundi S&P 500 Buyback ETF | 0.58 | 0.66 | 0.75 | 58 | S&P 500 | ESEA.DE vs B500.DE |
See all 56 diversifiers for ESEA.DE
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