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SPDR Bloomberg Emerging Markets Local Bond UCITS ETF (SPFA.DE) Diversifiers

ETF · Currency in EUR · Last updated Jul 18, 2026

SPFA.DE is a passive ETF by State Street tracking the investment results of the Bloomberg Emerging Markets Local Currency Liquid Government Bond. SPFA.DE launched on Jul 20, 2018 and has a 0.55% expense ratio.

Looking to diversify beyond SPFA.DE? The ETFs below have the lowest correlation with SPFA.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 SPFA.DE.

Best Diversifiers for SPFA.DE

1 ETFs have low correlation with SPFA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Emerging Markets High Yield Bond UCITS ETF (HY3M.DE) (Emerging Markets Bonds) with a 1Y correlation of 0.28, roughly unchanged from 0.36 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HY3M.DE
VanEck Emerging Markets High Yield Bond UCITS ETF0.280.340.36
64
Emerging Markets Bonds, High Yield BondsSPFA.DE vs HY3M.DE
SEAD.DE
UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1...0.320.320.27
73
Emerging Markets BondsSPFA.DE vs SEAD.DE
CGB.DE
Xtrackers II Harvest China Government Bond UCITS E...0.320.330.39
75
Emerging Markets BondsSPFA.DE vs CGB.DE
ICGB.DE
iShares China CNY Bond UCITS ETF USD (Dist)0.320.330.39
71
Emerging Markets BondsSPFA.DE vs ICGB.DE
SEAB.DE
UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1...0.330.350.29
79
Emerging Markets BondsSPFA.DE vs SEAB.DE
See all 29 diversifiers for SPFA.DE

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Diversification Analysis

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