Looking to diversify beyond LYM8.DE? The ETFs below have the lowest correlation with LYM8.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 LYM8.DE.
Best Diversifiers for LYM8.DE
2 ETFs have low correlation with LYM8.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) (Semiconductors) with a 1Y correlation of 0.22, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.22 | 0.29 | 0.42 | 94 | Semiconductors, Technology Equities | LYM8.DE vs LSMC.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.23 | 0.36 | 0.51 | 64 | Technology Equities | LYM8.DE vs LYPG.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.31 | 0.49 | 0.61 | 67 | Robotics, Technology Equities | LYM8.DE vs GOAI.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.32 | 0.43 | 0.55 | 72 | Nasdaq-100 | LYM8.DE vs 6AQQ.DE | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc) | 0.32 | 0.39 | — | 86 | Emerging Markets Equities | LYM8.DE vs H4Z3.DE |
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