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
31 ETFs have low correlation with LSMC.DE (below 0.3), 4 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 -0.06, down from 0.09 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 ... | -0.06 | 0.09 | — | 59 | Energy Equities | LSMC.DE vs WELN.DE | |
| Amundi Global Equity Quality Income UCITS ETF Dist | -0.06 | 0.01 | — | 79 | Global Equity Income | LSMC.DE vs LGQI.DE | |
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.05 | 0.10 | — | 57 | Health & Biotech Equities, Equal Weight | LSMC.DE vs WELP.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | -0.01 | 0.07 | — | 91 | Corporate Bonds | LSMC.DE vs FRNE.DE | |
| Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged ... | 0.01 | -0.04 | — | 96 | Short-Term Bond | LSMC.DE vs PR1H.DE |
See all 174 diversifiers for LSMC.DE
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Diversification Analysis
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