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
6 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 -0.11, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Energy UCITS ETF | -0.11 | 0.11 | 0.21 | 58 | Energy Equities | SPPY.DE vs SPYN.DE | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.13 | 0.07 | 0.23 | 83 | Utilities Equities | SPPY.DE vs SPYU.DE | |
| State Street SPDR Bloomberg 1-3 Month T-Bill UCITS... | 0.14 | 0.24 | 0.14 | 98 | Money Market | SPPY.DE vs ZPR1.DE | |
| SPDR S&P US Health Care Select Sector UCITS ETF | 0.21 | 0.38 | 0.51 | 51 | Health & Biotech Equities | SPPY.DE vs ZPDH.DE | |
| SPDR Morningstar Multi-Asset Global Infrastructure... | 0.24 | 0.33 | 0.41 | 74 | Diversified Portfolio | SPPY.DE vs ZPRI.DE |
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