Looking to diversify beyond LYPG.DE? The ETFs below have the lowest correlation with LYPG.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 LYPG.DE.
Best Diversifiers for LYPG.DE
18 ETFs have low correlation with LYPG.DE (below 0.3), 3 of which are negatively correlated. The least correlated is Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.DE) (Energy Equities) with a 1Y correlation of -0.11, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.11 | 0.09 | 0.16 | 59 | Energy Equities | LYPG.DE vs XDW0.DE | |
| Amundi S&P Global Energy Carbon Reduced UCITS ETF ... | -0.10 | 0.11 | — | 65 | Energy Equities | LYPG.DE vs WELN.DE | |
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.08 | 0.11 | — | 66 | Energy Equities | LYPG.DE vs WELP.DE | |
| Amundi Bloomberg Equal-Weight Commodity Ex-Agricul... | 0.00 | 0.08 | 0.08 | 85 | Commodities | LYPG.DE vs C099.DE | |
| Lyxor STOXX Europe 600 Utilities UCITS ETF Dist | 0.00 | -0.01 | 0.15 | 56 | Utilities Equities | LYPG.DE vs LUTL.DE |
See all 114 diversifiers for LYPG.DE
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