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
0 ETFs have low correlation with LYPS.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) (Financials Equities) with a 1Y correlation of 0.42, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.42 | 0.31 | 0.38 | 78 | Financials Equities | LYPS.DE vs LYBK.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 0.58 | 0.55 | 0.65 | 65 | Europe Equities | LYPS.DE vs LYP6.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.61 | 0.75 | 0.76 | 88 | S&P 500, Large Cap Value Equities | LYPS.DE vs QVMP.DE | |
| Amundi S&P 500 Buyback ETF | 0.61 | 0.70 | 0.78 | 61 | S&P 500 | LYPS.DE vs B500.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.64 | 0.69 | 0.69 | 79 | S&P 500, Derivative Income | LYPS.DE vs XY7D.DE |
See all 40 diversifiers for LYPS.DE
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