Looking to diversify beyond SPYM.DE? The ETFs below have the lowest correlation with SPYM.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 SPYM.DE.
Best Diversifiers for SPYM.DE
4 ETFs have low correlation with SPYM.DE (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) (Utilities Equities) with a 1Y correlation of 0.12, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Utilities UCITS ETF | 0.12 | 0.14 | 0.21 | 71 | Utilities Equities | SPYM.DE vs SPYU.DE | |
| SPDR Morningstar Multi-Asset Global Infrastructure... | 0.20 | 0.22 | 0.24 | 74 | Diversified Portfolio | SPYM.DE vs ZPRI.DE | |
| SPDR Dow Jones Global Real Estate UCITS ETF | 0.22 | 0.30 | 0.34 | 52 | REIT | SPYM.DE vs SPYJ.DE | |
| SPDR Dow Jones Global Real Estate UCITS ETF Accumu... | 0.22 | 0.30 | 0.34 | 53 | REIT | SPYM.DE vs SPY2.DE | |
| SPDR S&P Global Dividend Aristocrats UCITS | 0.34 | 0.45 | 0.47 | 72 | Global Equity Income | SPYM.DE vs ZPRG.DE |
See all 86 diversifiers for SPYM.DE
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