Looking to diversify beyond LYBK.DE? The ETFs below have the lowest correlation with LYBK.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 LYBK.DE.
Best Diversifiers for LYBK.DE
17 ETFs have low correlation with LYBK.DE (below 0.3), 5 of which are negatively correlated. The least correlated is Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc (LYTR.DE) (Commodities) with a 1Y correlation of -0.19, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Bloomberg Equal-Weight Commodity Ex-Agricul... | -0.19 | -0.00 | 0.04 | 83 | Commodities | LYBK.DE vs LYTR.DE | |
| Amundi S&P Global Energy Carbon Reduced UCITS ETF ... | -0.16 | 0.11 | — | 65 | Energy Equities | LYBK.DE vs WELN.DE | |
| Amundi Bloomberg Equal-Weight Commodity Ex-Agricul... | -0.16 | 0.08 | — | 85 | Commodities | LYBK.DE vs C099.DE | |
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.15 | 0.12 | — | 66 | Energy Equities | LYBK.DE vs WELP.DE | |
| Amundi Global BioEnergy ESG Screened UCITS ETF EUR... | -0.11 | 0.21 | 0.28 | 90 | Energy Equities | LYBK.DE vs WDNR.DE |
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