Looking to diversify beyond ETLR.DE? The ETFs below have the lowest correlation with ETLR.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 ETLR.DE.
Best Diversifiers for ETLR.DE
2 ETFs have low correlation with ETLR.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 -0.21, down from 0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.21 | 0.03 | — | 52 | Commodities | ETLR.DE vs EN4C.DE | |
| L&G Longer Dated All Commodities UCITS ETF | -0.13 | 0.07 | 0.12 | 57 | Commodities | ETLR.DE vs ETL2.DE | |
| L&G Artificial Intelligence UCITS ETF | 0.46 | 0.48 | 0.49 | 78 | Technology Equities | ETLR.DE vs XMLD.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.51 | 0.50 | 0.50 | 82 | Emerging Markets Equities | ETLR.DE vs IS3N.DE | |
| Vanguard S&P 500 UCITS USD Acc ETF | 0.51 | 0.53 | 0.55 | 69 | S&P 500 | ETLR.DE vs VUAA.DE |
See all 42 diversifiers for ETLR.DE
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