Looking to diversify beyond FLXK.DE? The ETFs below have the lowest correlation with FLXK.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 FLXK.DE.
Best Diversifiers for FLXK.DE
2 ETFs have low correlation with FLXK.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 0.18, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.18 | 0.27 | 0.33 | 63 | Europe Equities | FLXK.DE vs FLXD.DE | |
| Franklin Global Quality Dividend UCITS ETF | 0.30 | 0.34 | 0.40 | 60 | Global Equity Income | FLXK.DE vs FLXX.DE | |
| iShares Dow Jones Asia Pacific Select Dividend 50 ... | 0.42 | 0.41 | 0.43 | 89 | Asia Pacific Equities | FLXK.DE vs EXXW.DE | |
| Xtrackers MSCI Thailand UCITS ETF 1C | 0.43 | 0.41 | 0.42 | 75 | Asia Pacific Equities | FLXK.DE vs XCS4.DE | |
| iShares Asia Pacific Dividend UCITS ETF | 0.48 | 0.45 | 0.47 | 91 | Asia Pacific Equities | FLXK.DE vs IQQX.DE |
See all 34 diversifiers for FLXK.DE
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