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
7 ETFs have low correlation with ETLK.DE (below 0.3), 2 of which are negatively correlated. The least correlated is L&G Multi-Strategy Enhanced Commodities UCITS ETF (EN4C.DE) (Commodities) with a 1Y correlation of -0.04, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.04 | 0.12 | — | 52 | Commodities | ETLK.DE vs EN4C.DE | |
| L&G All Commodities UCITS ETF | -0.03 | 0.14 | 0.23 | 58 | Commodities | ETLK.DE vs ETLF.DE | |
| iShares € Ultrashort Bond UCITS ETF | 0.02 | 0.07 | 0.04 | 93 | Ultrashort Bond | ETLK.DE vs IS3M.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.02 | -0.03 | -0.00 | 99 | Bank Loan | ETLK.DE vs XEON.DE | |
| L&G Longer Dated All Commodities UCITS ETF | 0.04 | 0.17 | 0.26 | 57 | Commodities | ETLK.DE vs ETL2.DE |
See all 57 diversifiers for ETLK.DE
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