Looking to diversify beyond 8PSE.DE? The ETFs below have the lowest correlation with 8PSE.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 8PSE.DE.
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 0.07, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 UCITS ETF | 0.07 | 0.01 | -0.01 | 70 | S&P 500 | 8PSE.DE vs P500.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.07 | -0.01 | 0.01 | 74 | Nasdaq-100 | 8PSE.DE vs EQQX.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.07 | 0.01 | — | 67 | Large Cap Blend Equities | 8PSE.DE vs 6PSE.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.07 | -0.01 | — | 71 | Nasdaq-100 | 8PSE.DE vs EQQB.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.07 | 0.01 | -0.01 | 70 | S&P 500 | 8PSE.DE vs D500.DE |
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