Looking to diversify beyond FTGT.DE? The ETFs below have the lowest correlation with FTGT.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 FTGT.DE.
Best Diversifiers for FTGT.DE
3 ETFs have low correlation with FTGT.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 0.08, down from 0.32 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... | 0.08 | 0.32 | — | 75 | Energy Equities | FTGT.DE vs QCLN.DE | |
| First Trust Vest Nasdaq-100 Moderate Buffer UCITS ... | 0.09 | — | — | 79 | Nasdaq-100, Defined Outcome | FTGT.DE vs FTGQ.DE | |
| First Trust Eurozone AlphaDEX UCITS ETF Acc | 0.19 | 0.27 | — | 77 | Europe Equities | FTGT.DE vs FTGE.DE | |
| WisdomTree New Economy Real Estate UCITS ETF USD A... | 0.52 | 0.76 | 0.82 | 53 | REIT | FTGT.DE vs WTRE.DE | |
| WisdomTree New Economy Real Estate UCITS ETF USD D... | 0.52 | 0.76 | — | 52 | REIT | FTGT.DE vs WTER.DE |
See all 13 diversifiers for FTGT.DE
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