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Looking to diversify beyond ESGP.DE? The ETFs below have historically moved differently from ESGP.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for ESGP.DE

1 ETFs have low correlation with ESGP.DE (below 0.3), 1 of which are negatively correlated. The least correlated is HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) (Energy Equities) with a 1Y correlation of -0.06, down from 0.21 over 3 years.

How candidates are selected

Diversification Analysis

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