Looking to diversify beyond ESGP.DE? The ETFs below have the lowest correlation with ESGP.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 ESGP.DE.
Best Diversifiers for ESGP.DE
0 ETFs have low correlation with ESGP.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI Korea UCITS ETF 1C (DBX8.DE) (Asia Pacific Equities) with a 1Y correlation of 0.47, roughly unchanged from 0.50 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI Korea UCITS ETF 1C | 0.47 | 0.50 | — | 96 | Asia Pacific Equities | ESGP.DE vs DBX8.DE | |
| Amundi MSCI Korea UCITS ETF Acc | 0.49 | 0.50 | — | 97 | Asia Pacific Equities | ESGP.DE vs LKOR.DE | |
| iShares MSCI Korea UCITS ETF (Dist) | 0.49 | 0.50 | — | 97 | Asia Pacific Equities | ESGP.DE vs IQQK.DE | |
| Franklin FTSE Korea UCITS ETF | 0.49 | 0.52 | — | 97 | Asia Pacific Equities | ESGP.DE vs FLXK.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.50 | 0.49 | — | 71 | Nasdaq-100 | ESGP.DE vs EQQQ.DE |
See all 37 diversifiers for ESGP.DE
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