Looking to diversify beyond L8I3.DE? The ETFs below have the lowest correlation with L8I3.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 L8I3.DE.
Best Diversifiers for L8I3.DE
13 ETFs have low correlation with L8I3.DE (below 0.3), 9 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF (Dist) (EGV2.DE) (Money Market) with a 1Y correlation of -0.10, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF (Dist) | -0.10 | 0.02 | 0.18 | 92 | Money Market | L8I3.DE vs EGV2.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | -0.08 | -0.07 | -0.03 | 60 | Robotics, Technology Equities | L8I3.DE vs GOAI.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | -0.07 | -0.05 | -0.02 | 55 | Technology Equities | L8I3.DE vs LYPG.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | -0.06 | -0.05 | -0.02 | 74 | Nasdaq-100 | L8I3.DE vs 6AQQ.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1D | -0.03 | 0.11 | 0.30 | 99 | Money Market | L8I3.DE vs XEOD.DE |
See all 13 diversifiers for L8I3.DE
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