Looking to diversify beyond ESGU.DE? The ETFs below have the lowest correlation with ESGU.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 ESGU.DE.
Best Diversifiers for ESGU.DE
0 ETFs have low correlation with ESGU.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Clean Energy UCITS ETF USD (Dist) (IQQH.DE) (Energy Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Clean Energy UCITS ETF USD (Dist) | 0.52 | 0.41 | 0.49 | 89 | Energy Equities | ESGU.DE vs IQQH.DE | |
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.53 | 0.83 | 0.88 | 72 | Large Cap Blend Equities | ESGU.DE vs IBCY.DE | |
| CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCIT... | 0.68 | 0.62 | 0.72 | 54 | Small Cap Blend Equities | ESGU.DE vs CSY8.DE | |
| BNP Paribas Easy ECPI Circular Economy Leaders UCI... | 0.70 | 0.75 | — | 50 | Global Equities | ESGU.DE vs BJLC.DE | |
| UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ... | 0.75 | 0.83 | 0.89 | 66 | Large Cap Blend Equities | ESGU.DE vs USUE.DE |
See all 33 diversifiers for ESGU.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ESGU.DE
Add ESGU.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESGU.DE