Looking to diversify beyond H4ZL.DE? The ETFs below have the lowest correlation with H4ZL.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 H4ZL.DE.
Best Diversifiers for H4ZL.DE
8 ETFs have low correlation with H4ZL.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) (Nasdaq-100) with a 1Y correlation of 0.15, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.15 | 0.25 | 0.28 | 67 | Nasdaq-100 | H4ZL.DE vs EQQQ.DE | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.17 | — | — | 81 | Nasdaq-100, Derivative Income | H4ZL.DE vs JEQP.DE | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USD | 0.19 | 0.27 | — | 86 | Asia Pacific Equities | H4ZL.DE vs H411.DE | |
| HSBC MSCI Emerging Markets Value ESG UCITS ETF USD... | 0.19 | 0.29 | — | 93 | Emerging Markets Equities | H4ZL.DE vs H41E.DE | |
| HSBC Emerging Market Sustainable Equity UCITS ETF ... | 0.19 | 0.29 | — | 67 | Emerging Markets Equities | H4ZL.DE vs H4Z1.DE |
See all 28 diversifiers for H4ZL.DE
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