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SPDR MSCI Europe Financials UCITS ETF (SPYZ.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

SPYZ.DE is a passive ETF by State Street tracking the investment results of the MSCI Europe Financials 20/35 Capped. SPYZ.DE launched on Dec 5, 2014 and has a 0.18% expense ratio.

Looking to diversify beyond SPYZ.DE? The ETFs below have the lowest correlation with SPYZ.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 SPYZ.DE.

Best Diversifiers for SPYZ.DE

0 ETFs have low correlation with SPYZ.DE (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI USA Small Cap Value Weighted UCITS ETF (ZPRV.DE) (Small Cap Value Equities) with a 1Y correlation of 0.45, down from 0.59 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ZPRV.DE
SPDR MSCI USA Small Cap Value Weighted UCITS ETF0.450.510.59
74
Small Cap Value EquitiesSPYZ.DE vs ZPRV.DE
SPYM.DE
SPDR MSCI Emerging Markets UCITS ETF0.480.500.51
85
Emerging Markets EquitiesSPYZ.DE vs SPYM.DE
SPYL.DE
State Street SPDR S&P 500 UCITS ETF USD Unhedged (...0.520.430.43
69
S&P 500, Large Cap Blend EquitiesSPYZ.DE vs SPYL.DE
SPY5.DE
SPDR S&P 500 UCITS ETF0.530.440.51
69
S&P 500SPYZ.DE vs SPY5.DE
SPPY.DE
State Street SPDR S&P 500 Leaders UCITS ETF0.540.430.51
78
S&P 500, ESGSPYZ.DE vs SPPY.DE
See all 11 diversifiers for SPYZ.DE

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Diversification Analysis

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