Looking to diversify beyond ETLK.DE? The ETFs below have the lowest correlation with ETLK.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 ETLK.DE.
Best Diversifiers for ETLK.DE
5 ETFs have low correlation with ETLK.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares € Ultrashort Bond UCITS ETF (IS3M.DE) (Ultrashort Bond) with a 1Y correlation of -0.03, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Ultrashort Bond UCITS ETF | -0.03 | 0.06 | 0.04 | 95 | Ultrashort Bond | ETLK.DE vs IS3M.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.01 | -0.02 | 0.00 | 99 | Bank Loan | ETLK.DE vs XEON.DE | |
| L&G Longer Dated All Commodities UCITS ETF | 0.02 | 0.16 | 0.25 | 52 | Commodities | ETLK.DE vs ETL2.DE | |
| L&G ESG Emerging Markets Government Bond (USD) 0-5... | 0.10 | 0.11 | 0.10 | 54 | Emerging Markets Bonds | ETLK.DE vs EMA5.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.17 | — | — | 64 | Commodities | ETLK.DE vs ENTR.DE |
See all 62 diversifiers for ETLK.DE
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