Looking to diversify beyond FLXE.DE? The ETFs below have the lowest correlation with FLXE.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 FLXE.DE.
Best Diversifiers for FLXE.DE
0 ETFs have low correlation with FLXE.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 0.33, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.33 | 0.35 | 0.42 | 63 | Europe Equities | FLXE.DE vs FLXD.DE | |
| Franklin Global Quality Dividend UCITS ETF | 0.45 | 0.47 | 0.51 | 60 | Global Equity Income | FLXE.DE vs FLXX.DE | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.46 | 0.46 | 0.46 | 74 | Small Cap Value Equities | FLXE.DE vs ZPRV.DE | |
| Avantis Global Small Cap Value UCITS ETF USD Acc E... | 0.48 | — | — | 80 | Foreign Small & Mid Cap Equities | FLXE.DE vs AVWS.DE | |
| Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 0.52 | 0.49 | 0.49 | 65 | Emerging Markets Equities | FLXE.DE vs LEER.DE |
See all 52 diversifiers for FLXE.DE
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