Looking to diversify beyond 8PSE.DE? The ETFs below have historically moved differently from 8PSE.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for 8PSE.DE
10 ETFs have low correlation with 8PSE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P 500 UCITS ETF (P500.DE) (S&P 500) with a 1Y correlation of 0.19, up from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 UCITS ETF | 0.19 | 0.12 | 0.08 | 83 | S&P 500 | 8PSE.DE vs P500.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.20 | 0.12 | 0.09 | 83 | S&P 500 | 8PSE.DE vs D500.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.20 | 0.12 | 0.09 | 80 | Large Cap Blend Equities | 8PSE.DE vs 6PSE.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.22 | 0.13 | 0.11 | 63 | Nasdaq-100 | 8PSE.DE vs EQQB.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | 0.23 | 0.14 | 0.10 | 90 | S&P 500 | 8PSE.DE vs 5ESG.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements 8PSE.DE
Add 8PSE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 8PSE.DE