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BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF (LCEU.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

LCEU.DE is a passive ETF by BNP Paribas tracking the investment results of the Low Carbon 100 Europe PAB. LCEU.DE launched on Jun 2, 2017 and has a 0.30% expense ratio.

Looking to diversify beyond LCEU.DE? The ETFs below have the lowest correlation with LCEU.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 LCEU.DE.

Best Diversifiers for LCEU.DE

0 ETFs have low correlation with LCEU.DE (below 0.3), 0 of which are negatively correlated. The least correlated is BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.DE) (S&P 500) with a 1Y correlation of 0.48, roughly unchanged from 0.51 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ESEE.DE
BNP Paribas Easy S&P 500 UCITS ETF EUR0.480.51—
68
S&P 500LCEU.DE vs ESEE.DE
ESEA.DE
BNP Paribas Easy S&P 500 UCITS ETF0.490.52—
74
S&P 500LCEU.DE vs ESEA.DE
IBCJ.DE
iShares MSCI Poland UCITS ETF USD (Acc)0.500.51—
55
Europe EquitiesLCEU.DE vs IBCJ.DE
ESAP.DE
BNP Paribas Easy S&P 500 UCITS ETF USD0.580.590.64
73
S&P 500LCEU.DE vs ESAP.DE
ELFC.DE
Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF0.600.67—
55
Europe EquitiesLCEU.DE vs ELFC.DE
See all 20 diversifiers for LCEU.DE

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Diversification Analysis

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