Looking to diversify beyond SPY5.DE? The ETFs below have the lowest correlation with SPY5.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 SPY5.DE.
Best Diversifiers for SPY5.DE
4 ETFs have low correlation with SPY5.DE (below 0.3), 1 of which are negatively correlated. The least correlated is State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) (ZPR1.DE) (Money Market) with a 1Y correlation of -0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Bloomberg 1-3 Month T-Bill UCITS... | -0.01 | -0.03 | -0.01 | 98 | Money Market | SPY5.DE vs ZPR1.DE | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.10 | 0.09 | 0.24 | 80 | Utilities Equities | SPY5.DE vs SPYU.DE | |
| SPDR S&P US Health Care Select Sector UCITS ETF | 0.21 | 0.41 | 0.54 | 57 | Health & Biotech Equities | SPY5.DE vs ZPDH.DE | |
| SPDR Morningstar Multi-Asset Global Infrastructure... | 0.30 | 0.36 | 0.43 | 74 | Diversified Portfolio | SPY5.DE vs ZPRI.DE | |
| SPDR Dow Jones Global Real Estate UCITS ETF Accumu... | 0.33 | 0.45 | 0.57 | 65 | REIT | SPY5.DE vs SPY2.DE |
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