Looking to diversify beyond ETLS.DE? The ETFs below have the lowest correlation with ETLS.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 ETLS.DE.
Best Diversifiers for ETLS.DE
2 ETFs have low correlation with ETLS.DE (below 0.3), 0 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 0.04, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | 0.04 | 0.17 | 0.19 | 52 | Commodities | ETLS.DE vs ETL2.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.16 | — | — | 64 | Commodities | ETLS.DE vs ENTR.DE | |
| L&G ESG Emerging Markets Government Bond (USD) 0-5... | 0.39 | 0.39 | 0.30 | 54 | Emerging Markets Bonds | ETLS.DE vs EMA5.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.44 | 0.41 | 0.52 | 85 | Europe Equities | ETLS.DE vs LGGE.DE | |
| L&G Quality Equity Dividends ESG Exclusions Asia P... | 0.53 | 0.54 | — | 66 | Asia Pacific Equities | ETLS.DE vs LGGA.DE |
See all 62 diversifiers for ETLS.DE
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