Looking to diversify beyond FTGS.DE? The ETFs below have the lowest correlation with FTGS.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 FTGS.DE.
Best Diversifiers for FTGS.DE
4 ETFs have low correlation with FTGS.DE (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) (Energy Equities) with a 1Y correlation of 0.05, down from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | 0.05 | 0.23 | — | 88 | Energy Equities | FTGS.DE vs QCLN.DE | |
| First Trust Vest Nasdaq-100 Moderate Buffer UCITS ... | 0.22 | — | — | 63 | Nasdaq-100, Defined Outcome | FTGS.DE vs FTGQ.DE | |
| abrdn Future Supply Chains UCITS ETF | 0.23 | — | — | 86 | Global Equities | FTGS.DE vs ASCH.DE | |
| Xtrackers MSCI Global SDG 12 Circular Economy UCIT... | 0.24 | 0.40 | 0.41 | 93 | Global Equities | FTGS.DE vs XG12.DE | |
| Amundi Index Smart City UCITS ETF | 0.30 | 0.46 | — | 83 | Global Equities | FTGS.DE vs AMEC.DE |
See all 25 diversifiers for FTGS.DE
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