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
3 ETFs have low correlation with LGGE.DE (below 0.3), 2 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of -0.12, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.12 | 0.01 | 0.07 | 52 | Commodities | LGGE.DE vs ETL2.DE | |
| L&G ESG Emerging Markets Government Bond (USD) 0-5... | -0.06 | -0.07 | — | 54 | Emerging Markets Bonds | LGGE.DE vs EMA5.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.05 | — | — | 64 | Commodities | LGGE.DE vs ENTR.DE | |
| L&G Emerging Cyber Security ESG Exclusions UCITS E... | 0.31 | 0.39 | — | 58 | Technology Equities | LGGE.DE vs ES6Y.DE | |
| L&G Metaverse ESG Exclusions UCITS ETF USD Accumul... | 0.34 | 0.38 | 0.43 | 96 | Technology Equities | LGGE.DE vs MTVR.DE |
See all 131 diversifiers for LGGE.DE
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