Looking to diversify beyond ETLZ.DE? The ETFs below have the lowest correlation with ETLZ.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 ETLZ.DE.
Best Diversifiers for ETLZ.DE
0 ETFs have low correlation with ETLZ.DE (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Healthcare Technology & Innovation UCITS ETF USD Acc (XMLH.DE) (Health & Biotech Equities) with a 1Y correlation of 0.59, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Healthcare Technology & Innovation UCITS ETF U... | 0.59 | 0.72 | 0.73 | 67 | Health & Biotech Equities | ETLZ.DE vs XMLH.DE | |
| Xtrackers Russell 2000 UCITS ETF 1C | 0.78 | 0.92 | 0.95 | 76 | Small Cap Blend Equities | ETLZ.DE vs XRS2.DE | |
| CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCIT... | 0.82 | — | — | 69 | Small Cap Blend Equities | ETLZ.DE vs CSY8.DE | |
| JPMorgan BetaBuilders US Small Cap Equity UCITS ET... | 0.93 | 0.95 | — | 80 | Small Cap Blend Equities | ETLZ.DE vs JPSC.DE | |
| iShares S&P SmallCap 600 UCITS ETF USD (Dist) | 0.94 | 0.96 | 0.97 | 82 | Small Cap Blend Equities | ETLZ.DE vs IUS3.DE |
See all 9 diversifiers for ETLZ.DE
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