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Ossiam Bloomberg Eurozone PAB NR UCITS ETF (EUR) (OP2E.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

OP2E.DE is a passive ETF by Natixis tracking the investment results of the Bloomberg PAB Eurozone DM Large & Mid Cap. OP2E.DE launched on Aug 31, 2018 and has a 0.17% expense ratio.

Looking to diversify beyond OP2E.DE? The ETFs below have the lowest correlation with OP2E.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 OP2E.DE.

Best Diversifiers for OP2E.DE

0 ETFs have low correlation with OP2E.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.53, roughly unchanged from 0.61 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FLXD.DE
Franklin European Quality Dividend UCITS ETF0.530.580.61
63
Europe EquitiesOP2E.DE vs FLXD.DE
IBCJ.DE
iShares MSCI Poland UCITS ETF USD (Acc)0.530.550.55
55
Europe EquitiesOP2E.DE vs IBCJ.DE
ELFC.DE
Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF0.550.650.69
55
Europe EquitiesOP2E.DE vs ELFC.DE
WTEE.DE
WisdomTree Europe Equity Income UCITS ETF0.640.70—
74
Europe EquitiesOP2E.DE vs WTEE.DE
EUPE.DE
Ossiam Shiller Barclays CAPE® Europe Sector Value ...0.650.770.79
69
Europe EquitiesOP2E.DE vs EUPE.DE
See all 13 diversifiers for OP2E.DE

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Diversification Analysis

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