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), 1 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of -0.16, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.16 | 0.06 | 0.12 | 52 | Commodities | ETLR.DE vs ETL2.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.07 | — | — | 64 | Commodities | ETLR.DE vs ENTR.DE | |
| L&G Artificial Intelligence UCITS ETF | 0.45 | 0.43 | 0.45 | 77 | Technology Equities | ETLR.DE vs XMLD.DE | |
| Vanguard S&P 500 UCITS USD Acc ETF | 0.52 | 0.52 | 0.55 | 76 | S&P 500 | ETLR.DE vs VUAA.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.55 | 0.50 | 0.49 | 85 | Europe Equities | ETLR.DE vs LGGE.DE |
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