Looking to diversify beyond SPY5.MI? The ETFs below have the lowest correlation with SPY5.MI — 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.MI.
Best Diversifiers for SPY5.MI
0 ETFs have low correlation with SPY5.MI (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P Global Dividend Aristocrats UCITS (GLDV.MI) (Global Equity Income) with a 1Y correlation of 0.47, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Global Dividend Aristocrats UCITS | 0.47 | 0.48 | 0.59 | 52 | Global Equity Income | SPY5.MI vs GLDV.MI | |
| SPDR MSCI World UCITS ETF | 0.95 | 0.96 | 0.96 | 71 | Global Equities | SPY5.MI vs SWRD.MI | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.99 | 0.99 | 0.99 | 70 | S&P 500 | SPY5.MI vs CSSPX.MI | |
| Invesco S&P 500 UCITS ETF | 0.99 | 0.99 | 1.00 | 71 | S&P 500 | SPY5.MI vs SPXS.MI | |
| iShares Core S&P 500 UCITS ETF USD Dist | 0.99 | 0.99 | 0.99 | 70 | S&P 500 | SPY5.MI vs IUSA.MI |
See all 6 diversifiers for SPY5.MI
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SPY5.MI
Add SPY5.MI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPY5.MI