Looking to diversify beyond LYP6.DE? The ETFs below have the lowest correlation with LYP6.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 LYP6.DE.
Best Diversifiers for LYP6.DE
22 ETFs have low correlation with LYP6.DE (below 0.3), 9 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) (Commodities) with a 1Y correlation of -0.21, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.21 | -0.03 | 0.04 | 59 | Commodities | LYP6.DE vs SXRS.DE | |
| L&G Longer Dated All Commodities UCITS ETF | -0.15 | -0.00 | 0.07 | 57 | Commodities | LYP6.DE vs ETL2.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.15 | 0.01 | 0.08 | 74 | Commodities | LYP6.DE vs GSDE.DE | |
| Amundi Bloomberg Equal-Weight Commodity Ex-Agricul... | -0.13 | 0.06 | 0.11 | 83 | Commodities | LYP6.DE vs LYTR.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | -0.13 | 0.09 | 0.21 | 51 | Energy Equities, S&P 500 | LYP6.DE vs QDVF.DE |
See all 169 diversifiers for LYP6.DE
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