Looking to diversify beyond LMWE.DE? The ETFs below have the lowest correlation with LMWE.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 LMWE.DE.
Best Diversifiers for LMWE.DE
5 ETFs have low correlation with LMWE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI World Information Technology UCITS ETF EUR Acc (LYPG.DE) (Technology Equities) with a 1Y correlation of 0.16, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI World Information Technology UCITS ETF... | 0.16 | 0.21 | 0.37 | 64 | Technology Equities | LMWE.DE vs LYPG.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.16 | 0.17 | 0.30 | 94 | Semiconductors, Technology Equities | LMWE.DE vs LSMC.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.25 | 0.34 | 0.47 | 67 | Robotics, Technology Equities | LMWE.DE vs GOAI.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.26 | 0.29 | 0.42 | 71 | Nasdaq-100 | LMWE.DE vs LYMS.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.27 | 0.29 | 0.42 | 72 | Nasdaq-100 | LMWE.DE vs 6AQQ.DE |
See all 9 diversifiers for LMWE.DE
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