Looking to diversify beyond ETL2.DE? The ETFs below have the lowest correlation with ETL2.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 ETL2.DE.
Best Diversifiers for ETL2.DE
46 ETFs have low correlation with ETL2.DE (below 0.3), 22 of which are negatively correlated. The least correlated is Lyxor STOXX Europe 600 Banks UCITS ETF Dist (INDA.DE) (Financials Equities) with a 1Y correlation of -0.20, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor STOXX Europe 600 Banks UCITS ETF Dist | -0.20 | -0.04 | 0.02 | 78 | Financials Equities | ETL2.DE vs INDA.DE | |
| L&G Europe ex UK Equity UCITS ETF | -0.18 | -0.04 | 0.03 | 55 | Europe Equities | ETL2.DE vs ETLN.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | -0.16 | -0.01 | 0.06 | 60 | Europe Equities | ETL2.DE vs LYP6.DE | |
| L&G Japan Equity UCITS ETF | -0.16 | 0.06 | 0.12 | 70 | Japan Equities | ETL2.DE vs ETLR.DE | |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) | -0.15 | 0.00 | 0.07 | 59 | Europe Equities | ETL2.DE vs EUNK.DE |
See all 56 diversifiers for ETL2.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ETL2.DE
Add ETL2.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ETL2.DE