Looking to diversify beyond FLXC.DE? The ETFs below have the lowest correlation with FLXC.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 FLXC.DE.
Best Diversifiers for FLXC.DE
3 ETFs have low correlation with FLXC.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.15, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.15 | 0.25 | 0.28 | 63 | Europe Equities | FLXC.DE vs FLXD.DE | |
| Franklin Global Quality Dividend UCITS ETF | 0.24 | 0.25 | 0.28 | 60 | Global Equity Income | FLXC.DE vs FLXX.DE | |
| VanEck New China ESG UCITS ETF A | 0.27 | 0.29 | 0.28 | 52 | China Equities | FLXC.DE vs CEBG.DE | |
| Franklin U.S. Equity UCITS ETF | 0.36 | 0.24 | 0.25 | 76 | Large Cap Blend Equities | FLXC.DE vs FLXU.DE | |
| Franklin FTSE Korea UCITS ETF | 0.39 | 0.37 | 0.42 | 97 | Asia Pacific Equities | FLXC.DE vs FLXK.DE |
See all 15 diversifiers for FLXC.DE
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