Looking to diversify beyond LYMD.DE? The ETFs below have the lowest correlation with LYMD.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 LYMD.DE.
Best Diversifiers for LYMD.DE
1 ETFs have low correlation with LYMD.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) (Commodities) with a 1Y correlation of -0.15, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | -0.15 | 0.01 | — | 54 | Commodities | LYMD.DE vs XCMC.DE | |
| Xtrackers MSCI Thailand UCITS ETF 1C | 0.31 | 0.25 | 0.31 | 75 | Asia Pacific Equities | LYMD.DE vs XCS4.DE | |
| Xtrackers MSCI Korea UCITS ETF 1C | 0.32 | 0.29 | 0.30 | 96 | Asia Pacific Equities | LYMD.DE vs DBX8.DE | |
| Amundi MSCI Korea UCITS ETF Acc | 0.33 | 0.29 | 0.31 | 97 | Asia Pacific Equities | LYMD.DE vs LKOR.DE | |
| iShares MSCI Korea UCITS ETF (Dist) | 0.34 | 0.31 | 0.32 | 97 | Asia Pacific Equities | LYMD.DE vs IQQK.DE |
See all 23 diversifiers for LYMD.DE
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