Looking to diversify beyond EUNL.DE? The ETFs below have the lowest correlation with EUNL.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 EUNL.DE.
Best Diversifiers for EUNL.DE
19 ETFs have low correlation with EUNL.DE (below 0.3), 8 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) (Commodities) with a 1Y correlation of -0.07, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | 0.13 | 0.16 | 59 | Commodities | EUNL.DE vs SXRS.DE | |
| iShares Diversified Commodity Swap UCITS ETF (DE) | -0.07 | 0.13 | 0.17 | 56 | Commodities | EUNL.DE vs EXXY.DE | |
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.06 | 0.19 | 0.29 | 74 | Energy Equities | EUNL.DE vs ESIE.DE | |
| iShares Euro Ultrashort Bond UCITS ETF EUR Accumul... | -0.03 | -0.02 | — | 94 | Ultrashort Bond | EUNL.DE vs ERNX.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | -0.03 | 0.23 | 0.32 | 51 | Energy Equities, S&P 500 | EUNL.DE vs QDVF.DE |
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