Looking to diversify beyond LGGE.DE? The ETFs below have the lowest correlation with LGGE.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 LGGE.DE.
Best Diversifiers for LGGE.DE
4 ETFs have low correlation with LGGE.DE (below 0.3), 3 of which are negatively correlated. The least correlated is L&G Multi-Strategy Enhanced Commodities UCITS ETF (EN4C.DE) (Commodities) with a 1Y correlation of -0.20, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.20 | -0.04 | — | 52 | Commodities | LGGE.DE vs EN4C.DE | |
| L&G All Commodities UCITS ETF | -0.18 | -0.01 | — | 58 | Commodities | LGGE.DE vs ETLF.DE | |
| L&G Longer Dated All Commodities UCITS ETF | -0.15 | 0.01 | — | 57 | Commodities | LGGE.DE vs ETL2.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.02 | — | — | 72 | Commodities | LGGE.DE vs ENTR.DE | |
| L&G Emerging Cyber Security ESG Exclusions UCITS E... | 0.33 | 0.40 | — | 64 | Technology Equities | LGGE.DE vs ES6Y.DE |
See all 43 diversifiers for LGGE.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LGGE.DE
Add LGGE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LGGE.DE