Looking to diversify beyond ESIE.DE? The ETFs below have the lowest correlation with ESIE.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 ESIE.DE.
Best Diversifiers for ESIE.DE
21 ETFs have low correlation with ESIE.DE (below 0.3), 10 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (NQSE.DE) (Nasdaq-100) with a 1Y correlation of -0.16, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | -0.16 | 0.04 | 0.14 | 66 | Nasdaq-100 | ESIE.DE vs NQSE.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | -0.10 | 0.08 | 0.14 | 71 | Nasdaq-100 | ESIE.DE vs SXRV.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.10 | 0.06 | 0.14 | 65 | Technology Equities, S&P 500 | ESIE.DE vs QDVE.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | -0.08 | 0.20 | 0.28 | 82 | Emerging Markets Equities | ESIE.DE vs IS3N.DE | |
| iShares MSCI ACWI UCITS ETF (Acc) | -0.07 | 0.20 | 0.30 | 76 | Global Equities | ESIE.DE vs IUSQ.DE |
See all 35 diversifiers for ESIE.DE
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