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State Street SPDR Bloomberg Emerging Markets Local Bond UCITS ETF EUR (Acc) (SPFD.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

The State Street SPDR Bloomberg Emerging Markets Local Bond UCITS ETF EUR (Acc) seeks to track the Bloomberg Emerging Markets Local Currency Liquid Government Bond Index, hedged into EUR. The fund provides exposure to liquid local-currency government bonds from emerging-market issuers and uses stratified sampling to replicate the index characteristics.

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

Best Diversifiers for SPFD.DE

10 ETFs have low correlation with SPFD.DE (below 0.3), 5 of which are negatively correlated. The least correlated is Xtrackers II USD Emerging Markets Bond UCITS ETF 2C (XUEB.DE) (Emerging Markets Bonds) with a 1Y correlation of -0.16, down from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XUEB.DE
Xtrackers II USD Emerging Markets Bond UCITS ETF 2...-0.16-0.030.04
59
Emerging Markets BondsSPFD.DE vs XUEB.DE
XUEM.DE
Xtrackers USD Emerging Markets Bond UCITS ETF 2D-0.15-0.020.05
56
Emerging Markets BondsSPFD.DE vs XUEM.DE
UEFS.DE
UBS ETF (LU) Bloomberg USD Emerging Markets Sovere...-0.10-0.010.04
67
Emerging Markets BondsSPFD.DE vs UEFS.DE
IUS7.DE
iShares J.P. Morgan USD Emerging Markets Bond UCIT...-0.10-0.000.05
51
Emerging Markets BondsSPFD.DE vs IUS7.DE
IS02.DE
iShares J.P. Morgan USD Emerging Markets Bond UCIT...-0.080.000.05
52
Emerging Markets BondsSPFD.DE vs IS02.DE
See all 17 diversifiers for SPFD.DE

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Diversification Analysis

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