Looking to diversify beyond 4COP.DE? The ETFs below have the lowest correlation with 4COP.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 4COP.DE.
Best Diversifiers for 4COP.DE
5 ETFs have low correlation with 4COP.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Global X S&P 500 Quarterly Tail Hedge UCITS ETF USD Accumulating (SPQH.DE) (Defined Outcome) with a 1Y correlation of -0.02, roughly unchanged from 0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X S&P 500 Quarterly Tail Hedge UCITS ETF US... | -0.02 | 0.05 | — | 55 | Defined Outcome, S&P 500 | 4COP.DE vs SPQH.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.14 | — | — | 72 | S&P 500, Derivative Income | 4COP.DE vs XY7D.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.15 | 0.17 | — | 85 | Nasdaq-100, Options Trading | 4COP.DE vs QYLE.DE | |
| UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 0.27 | 0.27 | — | 84 | Large Cap Value Equities | 4COP.DE vs UBU5.DE | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.28 | 0.31 | — | 79 | S&P 500, Equal Weight | 4COP.DE vs XDEW.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements 4COP.DE
Add 4COP.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 4COP.DE