Looking to diversify beyond SY7D.DE? The ETFs below have the lowest correlation with SY7D.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 SY7D.DE.
Best Diversifiers for SY7D.DE
8 ETFs have low correlation with SY7D.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Global X S&P 500 Quarterly Tail Hedge UCITS ETF USD Accumulating (SPQH.DE) (Defined Outcome) with a 1Y correlation of 0.10, roughly unchanged from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X S&P 500 Quarterly Tail Hedge UCITS ETF US... | 0.10 | 0.10 | — | 55 | Defined Outcome, S&P 500 | SY7D.DE vs SPQH.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.11 | 0.11 | — | 77 | S&P 500, Defined Outcome | SY7D.DE vs SPQB.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.20 | — | — | 72 | S&P 500, Derivative Income | SY7D.DE vs XY7D.DE | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.20 | — | — | 79 | Derivative Income | SY7D.DE vs IGOG.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.23 | — | — | 85 | Nasdaq-100, Options Trading | SY7D.DE vs QYLE.DE |
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