PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond SPYD.DE? The ETFs below have historically moved differently from SPYD.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for SPYD.DE

12 ETFs have low correlation with SPYD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) (Emerging Markets Equities) with a 1Y correlation of 0.01, down from 0.26 over 5 years.

How candidates are selected

Diversification Analysis

Build a portfolio that complements SPYD.DE

Add SPYD.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with SPYD.DE