Looking to diversify beyond SPQB.DE? The ETFs below have the lowest correlation with SPQB.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 SPQB.DE.
Best Diversifiers for SPQB.DE
4 ETFs have low correlation with SPQB.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.DE) (S&P 500) with a 1Y correlation of 0.14, roughly unchanged from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedge... | 0.14 | 0.21 | — | 58 | S&P 500 | SPQB.DE vs XDEE.DE | |
| iShares S&P 500 Equal Weight UCITS ETF EUR Hedged ... | 0.17 | — | — | 59 | S&P 500, Equal Weight | SPQB.DE vs EFRW.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.17 | 0.31 | — | 53 | Energy Equities, S&P 500 | SPQB.DE vs QDVF.DE | |
| Invesco S&P 500 UCITS ETF (EUR Hdg) | 0.29 | 0.35 | — | 54 | S&P 500 | SPQB.DE vs E500.DE | |
| Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc | 0.31 | 0.36 | — | 62 | S&P 500 | SPQB.DE vs 5ESE.DE |
See all 56 diversifiers for SPQB.DE
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