Looking to diversify beyond LSMC.DE? The ETFs below have the lowest correlation with LSMC.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 LSMC.DE.
Best Diversifiers for LSMC.DE
20 ETFs have low correlation with LSMC.DE (below 0.3), 2 of which are negatively correlated. The least correlated is Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.DE) (Energy Equities) with a 1Y correlation of -0.04, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi S&P Global Energy Carbon Reduced UCITS ETF ... | -0.04 | 0.12 | — | 62 | Energy Equities | LSMC.DE vs WELN.DE | |
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.02 | 0.12 | 0.13 | 64 | Energy Equities | LSMC.DE vs WELP.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | 0.00 | 0.07 | — | 84 | Corporate Bonds | LSMC.DE vs FRNE.DE | |
| Lyxor STOXX Europe 600 Telecommunications UCITS ET... | 0.03 | -0.00 | 0.11 | 56 | Communications Equities | LSMC.DE vs LTCM.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.03 | 0.00 | 0.02 | 99 | Bank Loan | LSMC.DE vs XEON.DE |
See all 143 diversifiers for LSMC.DE
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