Looking to diversify beyond FLPE.DE? The ETFs below have the lowest correlation with FLPE.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 FLPE.DE.
Best Diversifiers for FLPE.DE
1 ETFs have low correlation with FLPE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.DE) (Utilities Equities) with a 1Y correlation of 0.09, down from 0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF USD (Acc) | 0.09 | 0.28 | — | 81 | Utilities Equities, Global Equities | FLPE.DE vs CBUX.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.35 | 0.49 | 0.55 | 96 | Global Equities, Dividend | FLPE.DE vs VDIV.DE | |
| abrdn Future Supply Chains UCITS ETF | 0.46 | — | — | 61 | Global Equities | FLPE.DE vs ASCH.DE | |
| Xtrackers MSCI Global SDG 12 Circular Economy UCIT... | 0.48 | 0.62 | 0.65 | 63 | Global Equities | FLPE.DE vs XG12.DE | |
| iShares MSCI World Momentum Factor ESG UCITS ETF U... | 0.50 | 0.61 | — | 79 | Momentum, Global Equities, ESG | FLPE.DE vs CBUH.DE |
See all 17 diversifiers for FLPE.DE
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