Looking to diversify beyond LYY8.DE? The ETFs below have the lowest correlation with LYY8.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 LYY8.DE.
Best Diversifiers for LYY8.DE
0 ETFs have low correlation with LYY8.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) (Semiconductors) with a 1Y correlation of 0.50, roughly unchanged from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.50 | 0.47 | 0.54 | 94 | Semiconductors, Technology Equities | LYY8.DE vs LSMC.DE | |
| Leverage Shares 3x Long Taiwan ETP Securities | 0.52 | 0.50 | — | 96 | Leveraged Equities | LYY8.DE vs TAI3.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.54 | 0.49 | 0.56 | 72 | Nasdaq-100 | LYY8.DE vs 6AQQ.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.55 | 0.49 | 0.57 | 64 | Technology Equities | LYY8.DE vs LYPG.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.57 | 0.50 | 0.57 | 71 | Nasdaq-100 | LYY8.DE vs LYMS.DE |
See all 10 diversifiers for LYY8.DE
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