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
1 ETFs have low correlation with H4ZN.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF (Acc) (QDVF.DE) (Energy Equities) with a 1Y correlation of -0.05, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | -0.05 | 0.21 | 0.19 | 53 | Energy Equities, S&P 500 | H4ZN.DE vs QDVF.DE | |
| HSBC FTSE EPRA NAREIT Developed UCITS ETF USD | 0.33 | 0.46 | — | 67 | REIT | H4ZN.DE vs H4ZL.DE | |
| HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc... | 0.36 | 0.46 | — | 63 | REIT | H4ZN.DE vs H4Z7.DE | |
| Amundi S&P 500 Buyback ETF | 0.58 | 0.69 | 0.61 | 74 | S&P 500 | H4ZN.DE vs B500.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.61 | 0.75 | 0.61 | 76 | S&P 500, Large Cap Value Equities | H4ZN.DE vs QVMP.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements H4ZN.DE
Add H4ZN.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with H4ZN.DE