Looking to diversify beyond ETSZ.DE? The ETFs below have the lowest correlation with ETSZ.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 ETSZ.DE.
Best Diversifiers for ETSZ.DE
2 ETFs have low correlation with ETSZ.DE (below 0.3), 2 of which are negatively correlated. The least correlated is BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (GSDE.DE) (Commodities) with a 1Y correlation of -0.14, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.14 | 0.01 | 0.09 | 74 | Commodities | ETSZ.DE vs GSDE.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.12 | 0.08 | 0.17 | 77 | Commodities | ETSZ.DE vs EMEH.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.52 | 0.49 | 0.58 | 72 | Nasdaq-100 | ETSZ.DE vs 6AQQ.DE | |
| iShares Emerging Markets Dividend UCITS ETF | 0.54 | 0.49 | 0.48 | 74 | Emerging Markets Equities | ETSZ.DE vs EUNY.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.57 | 0.69 | 0.76 | 55 | Europe Equities | ETSZ.DE vs ELFC.DE |
See all 32 diversifiers for ETSZ.DE
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