Looking to diversify beyond LYXD.DE? The ETFs below have the lowest correlation with LYXD.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 LYXD.DE.
Best Diversifiers for LYXD.DE
11 ETFs have low correlation with LYXD.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc (LYTR.DE) (Commodities) with a 1Y correlation of -0.27, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Bloomberg Equal-Weight Commodity Ex-Agricul... | -0.27 | -0.15 | -0.13 | 83 | Commodities | LYXD.DE vs LYTR.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.14 | 0.04 | 0.05 | 94 | Semiconductors, Technology Equities | LYXD.DE vs LSMC.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.15 | 0.05 | 0.06 | 64 | Technology Equities | LYXD.DE vs LYPG.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.17 | 0.21 | 0.28 | 95 | European Government Bonds | LYXD.DE vs PRAB.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.19 | 0.08 | 0.08 | 71 | Nasdaq-100 | LYXD.DE vs LYMS.DE |
See all 14 diversifiers for LYXD.DE
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