Looking to diversify beyond H4ZN.DE? The ETFs below have the lowest correlation with H4ZN.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 H4ZN.DE.
Best Diversifiers for H4ZN.DE
0 ETFs have low correlation with H4ZN.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi S&P 500 Buyback ETF (B500.DE) (S&P 500) with a 1Y correlation of 0.58, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi S&P 500 Buyback ETF | 0.58 | 0.68 | 0.61 | 68 | S&P 500 | H4ZN.DE vs B500.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.63 | 0.75 | 0.61 | 93 | S&P 500, Large Cap Value Equities | H4ZN.DE vs QVMP.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.63 | — | — | 72 | S&P 500, Derivative Income | H4ZN.DE vs XY7D.DE | |
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.64 | 0.57 | 0.46 | 86 | Asia Pacific Equities | H4ZN.DE vs H410.DE | |
| HSBC MSCI Emerging Markets Value ESG UCITS ETF USD... | 0.64 | 0.56 | — | 95 | Emerging Markets Equities | H4ZN.DE vs H41E.DE |
See all 28 diversifiers for H4ZN.DE
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