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
38 ETFs have low correlation with ETL2.DE (below 0.3), 14 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 0.01 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 | -0.05 | 0.01 | 53 | Financials Equities | ETL2.DE vs INDA.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | -0.18 | -0.09 | -0.08 | 95 | European Government Bonds | ETL2.DE vs PRAB.DE | |
| L&G Japan Equity UCITS ETF | -0.14 | 0.07 | 0.12 | 50 | Japan Equities | ETL2.DE vs ETLR.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | -0.14 | 0.01 | — | 69 | Europe Equities | ETL2.DE vs LGGE.DE | |
| L&G ROBO Global Robotics and Automation UCITS ETF | -0.05 | 0.09 | 0.10 | 77 | Technology Equities | ETL2.DE vs IROB.DE |
See all 61 diversifiers for ETL2.DE
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