Looking to diversify beyond LYY7.DE? The ETFs below have the lowest correlation with LYY7.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 LYY7.DE.
Best Diversifiers for LYY7.DE
0 ETFs have low correlation with LYY7.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) (Europe Equities) with a 1Y correlation of 0.47, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.47 | 0.63 | 0.73 | 55 | Europe Equities | LYY7.DE vs ELFC.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.50 | 0.47 | 0.54 | 94 | Semiconductors, Technology Equities | LYY7.DE vs LSMC.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.51 | 0.66 | 0.76 | 69 | Europe Equities | LYY7.DE vs EUPE.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.51 | 0.45 | 0.54 | 65 | Technology Equities, S&P 500 | LYY7.DE vs QDVE.DE | |
| Avantis Global Small Cap Value UCITS ETF USD Acc E... | 0.54 | — | — | 80 | Foreign Small & Mid Cap Equities | LYY7.DE vs AVWS.DE |
See all 26 diversifiers for LYY7.DE
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