Looking to diversify beyond P500.DE? The ETFs below have the lowest correlation with P500.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 P500.DE.
Best Diversifiers for P500.DE
10 ETFs have low correlation with P500.DE (below 0.3), 4 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EUR AAA CLO UCITS ETF Acc | -0.13 | — | — | 91 | CLO | P500.DE vs CLOA.DE | |
| Invesco Bloomberg Commodity UCITS ETF (EUR Hedged)... | -0.12 | 0.01 | — | 63 | Commodities | P500.DE vs CMOE.DE | |
| Invesco S&P World Energy ESG UCITS ETF Acc | -0.02 | 0.25 | — | 53 | Energy Equities | P500.DE vs WDEE.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | -0.01 | 0.23 | 0.31 | 51 | Energy Equities, S&P 500 | P500.DE vs QDVF.DE | |
| Invesco Bloomberg Commodity ex-Agriculture UCITS E... | 0.01 | 0.14 | 0.17 | 65 | Commodities | P500.DE vs XAAG.DE |
See all 91 diversifiers for P500.DE
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