Looking to diversify beyond UKPH.DE? The ETFs below have the lowest correlation with UKPH.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 UKPH.DE.
Best Diversifiers for UKPH.DE
6 ETFs have low correlation with UKPH.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) (Technology Equities) with a 1Y correlation of 0.10, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.10 | 0.11 | 0.20 | 65 | Technology Equities, S&P 500 | UKPH.DE vs QDVE.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.15 | 0.17 | 0.25 | 97 | Semiconductors, Technology Equities | UKPH.DE vs SEC0.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.18 | 0.18 | — | 71 | Nasdaq-100 | UKPH.DE vs SXRV.DE | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.26 | 0.24 | — | 69 | S&P 500 | UKPH.DE vs SXR8.DE | |
| iShares NASDAQ 100 UCITS ETF | 0.27 | 0.25 | — | 66 | Nasdaq-100 | UKPH.DE vs NQSE.DE |
See all 11 diversifiers for UKPH.DE
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Diversification Analysis
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