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
26 ETFs have low correlation with LYPG.DE (below 0.3), 3 of which are negatively correlated. The least correlated is Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.DE) (Energy Equities) with a 1Y correlation of -0.11, down from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi S&P Global Energy Carbon Reduced UCITS ETF ... | -0.11 | 0.09 | — | 59 | Energy Equities | LYPG.DE vs WELN.DE | |
| Amundi Global Equity Quality Income UCITS ETF Dist | -0.09 | 0.03 | 0.21 | 79 | Global Equity Income | LYPG.DE vs LGQI.DE | |
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.09 | 0.10 | — | 57 | Health & Biotech Equities, Equal Weight | LYPG.DE vs WELP.DE | |
| Amundi STOXX Europe 600 Utilities UCITS ETF Dist | 0.01 | — | — | 63 | Utilities Equities | LYPG.DE vs LUTL.DE | |
| Amundi Global BioEnergy ESG Screened UCITS ETF EUR... | 0.01 | 0.13 | 0.19 | 86 | Energy Equities | LYPG.DE vs WDNR.DE |
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