Looking to diversify beyond ESIN.DE? The ETFs below have the lowest correlation with ESIN.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 ESIN.DE.
Best Diversifiers for ESIN.DE
2 ETFs have low correlation with ESIN.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (5MVW.DE) (Energy Equities) with a 1Y correlation of -0.14, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.14 | 0.12 | 0.20 | 60 | Energy Equities | ESIN.DE vs 5MVW.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.04 | 0.01 | 0.02 | 99 | Bank Loan | ESIN.DE vs XEON.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.47 | 0.47 | 0.55 | 65 | Technology Equities, S&P 500 | ESIN.DE vs QDVE.DE | |
| VanEck Space Innovators UCITS ETF | 0.48 | 0.46 | — | 94 | Industrials Equities | ESIN.DE vs JEDI.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.51 | 0.53 | 0.59 | 86 | Technology Equities | ESIN.DE vs XAIX.DE |
See all 32 diversifiers for ESIN.DE
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