Looking to diversify beyond SPPW.DE? The ETFs below have the lowest correlation with SPPW.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 SPPW.DE.
Best Diversifiers for SPPW.DE
4 ETFs have low correlation with SPPW.DE (below 0.3), 3 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) (Commodities) with a 1Y correlation of -0.07, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | 0.13 | 0.17 | 59 | Commodities | SPPW.DE vs SXRS.DE | |
| SPDR MSCI Europe Energy UCITS ETF | -0.07 | 0.20 | 0.29 | 75 | Energy Equities | SPPW.DE vs SPYN.DE | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.03 | 0.23 | 0.32 | 51 | Energy Equities | SPPW.DE vs ZPDE.DE | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.20 | 0.20 | 0.33 | 57 | Utilities Equities | SPPW.DE vs SPYU.DE | |
| Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF | 0.41 | 0.29 | 0.26 | 56 | European Corporate Bonds | SPPW.DE vs ECR3.DE |
See all 65 diversifiers for SPPW.DE
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