Looking to diversify beyond SPYH.DE? The ETFs below have the lowest correlation with SPYH.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 SPYH.DE.
Best Diversifiers for SPYH.DE
6 ETFs have low correlation with SPYH.DE (below 0.3), 1 of which are negatively correlated. The least correlated is HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) (Health & Biotech Equities) with a 1Y correlation of -0.13, down from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.13 | 0.07 | — | 57 | Health & Biotech Equities, Equal Weight | SPYH.DE vs WELP.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.10 | 0.22 | 0.31 | 75 | Nasdaq-100 | SPYH.DE vs XNAS.DE | |
| SPDR MSCI Emerging Markets UCITS ETF | 0.19 | 0.24 | 0.27 | 86 | Emerging Markets Equities | SPYH.DE vs SPYM.DE | |
| State Street SPDR S&P 500 UCITS ETF USD Unhedged (... | 0.22 | 0.27 | 0.27 | 79 | S&P 500, Large Cap Blend Equities | SPYH.DE vs SPYL.DE | |
| SPDR S&P 500 UCITS ETF | 0.22 | 0.32 | 0.39 | 75 | S&P 500 | SPYH.DE vs SPY5.DE |
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