Looking to diversify beyond ESP0.DE? The ETFs below have the lowest correlation with ESP0.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 ESP0.DE.
Best Diversifiers for ESP0.DE
3 ETFs have low correlation with ESP0.DE (below 0.3), 1 of which are negatively correlated. The least correlated is VanEck Oil Services UCITS ETF A (V0IH.DE) (Energy Equities) with a 1Y correlation of -0.01, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Oil Services UCITS ETF A | -0.01 | 0.18 | 0.19 | 90 | Energy Equities | ESP0.DE vs V0IH.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.21 | 0.39 | 0.38 | 88 | Global Equities, Dividend | ESP0.DE vs VDIV.DE | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.25 | 0.36 | — | 87 | Commodity Producers Equities | ESP0.DE vs VVMX.DE | |
| VanEck Space Innovators UCITS ETF | 0.34 | 0.41 | — | 94 | Industrials Equities | ESP0.DE vs JEDI.DE | |
| VanEck Semiconductor UCITS ETF | 0.37 | 0.54 | 0.63 | 96 | Semiconductors, Technology Equities | ESP0.DE vs VVSM.DE |
See all 26 diversifiers for ESP0.DE
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