Looking to diversify beyond ESEE.DE? The ETFs below have the lowest correlation with ESEE.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 ESEE.DE.
Best Diversifiers for ESEE.DE
3 ETFs have low correlation with ESEE.DE (below 0.3), 1 of which are negatively correlated. The least correlated is BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) (Commodities) with a 1Y correlation of -0.07, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.07 | 0.05 | 0.14 | 77 | Commodities | ESEE.DE vs EMEH.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.00 | 0.23 | 0.31 | 51 | Energy Equities, S&P 500 | ESEE.DE vs QDVF.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | 0.05 | 0.17 | 0.19 | 74 | Commodities | ESEE.DE vs GSDE.DE | |
| BNP Paribas Easy ESG Dividend Europe UCITS ETF | 0.48 | 0.43 | 0.54 | 55 | Europe Equities | ESEE.DE vs EDEU.DE | |
| BNP Paribas Easy MSCI Japan ESG Filtered Min TE UC... | 0.52 | 0.53 | 0.56 | 51 | Japan Equities | ESEE.DE vs EJAP.DE |
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