Looking to diversify beyond SPPY.DE? The ETFs below have the lowest correlation with SPPY.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 SPPY.DE.
Best Diversifiers for SPPY.DE
4 ETFs have low correlation with SPPY.DE (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR MSCI Europe Energy UCITS ETF (SPYN.DE) (Energy Equities) with a 1Y correlation of -0.07, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Energy UCITS ETF | -0.07 | 0.13 | 0.22 | 75 | Energy Equities | SPPY.DE vs SPYN.DE | |
| SPDR S&P US Energy Select Sector UCITS ETF | 0.02 | 0.22 | 0.29 | 51 | Energy Equities | SPPY.DE vs ZPDE.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.02 | 0.22 | 0.29 | 51 | Energy Equities, S&P 500 | SPPY.DE vs QDVF.DE | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.13 | 0.10 | 0.24 | 57 | Utilities Equities | SPPY.DE vs SPYU.DE | |
| SPDR FTSE UK All Share UCITS ETF | 0.45 | 0.42 | 0.52 | 53 | Europe Equities | SPPY.DE vs ZPRD.DE |
See all 72 diversifiers for SPPY.DE
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