Looking to diversify beyond E500.DE? The ETFs below have the lowest correlation with E500.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 E500.DE.
Best Diversifiers for E500.DE
3 ETFs have low correlation with E500.DE (below 0.3), 0 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 0.25, roughly unchanged from 0.34 over 5 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... | 0.25 | 0.34 | 0.34 | 55 | Defined Outcome, S&P 500 | E500.DE vs SPQH.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.27 | 0.34 | — | 77 | S&P 500, Defined Outcome | E500.DE vs SPQB.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.29 | — | — | 72 | S&P 500, Derivative Income | E500.DE vs XY7D.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.40 | 0.55 | 0.61 | 93 | S&P 500, Large Cap Value Equities | E500.DE vs QVMP.DE | |
| Amundi S&P 500 Buyback ETF | 0.43 | 0.55 | 0.67 | 68 | S&P 500 | E500.DE vs B500.DE |
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