Looking to diversify beyond LYPS.DE? The ETFs below have the lowest correlation with LYPS.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 LYPS.DE.
Best Diversifiers for LYPS.DE
2 ETFs have low correlation with LYPS.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) (Commodities) with a 1Y correlation of 0.01, down from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | 0.01 | 0.17 | — | 54 | Commodities | LYPS.DE vs XCMC.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.01 | 0.24 | 0.31 | 51 | Energy Equities, S&P 500 | LYPS.DE vs QDVF.DE | |
| Amundi S&P 500 Buyback ETF | 0.60 | 0.69 | 0.78 | 58 | S&P 500 | LYPS.DE vs B500.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.65 | 0.76 | 0.77 | 67 | S&P 500, Large Cap Value Equities | LYPS.DE vs QVMP.DE | |
| Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 0.68 | 0.74 | 0.77 | 66 | S&P 500, ESG | LYPS.DE vs XZEW.DE |
See all 35 diversifiers for LYPS.DE
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