Looking to diversify beyond ETLI.DE? The ETFs below have the lowest correlation with ETLI.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 ETLI.DE.
Best Diversifiers for ETLI.DE
2 ETFs have low correlation with ETLI.DE (below 0.3), 2 of which are negatively correlated. The least correlated is HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) (Health & Biotech Equities) with a 1Y correlation of -0.14, down from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.14 | 0.09 | — | 57 | Health & Biotech Equities, Equal Weight | ETLI.DE vs WELP.DE | |
| L&G Longer Dated All Commodities UCITS ETF | -0.13 | -0.01 | 0.07 | 52 | Commodities | ETLI.DE vs ETL2.DE | |
| L&G Artificial Intelligence UCITS ETF | 0.34 | 0.41 | 0.48 | 77 | Technology Equities | ETLI.DE vs XMLD.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.39 | 0.39 | 0.42 | 85 | Europe Equities | ETLI.DE vs LGGE.DE | |
| L&G Clean Energy UCITS ETF | 0.39 | 0.43 | 0.48 | 92 | Energy Equities | ETLI.DE vs RENW.DE |
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