Looking to diversify beyond XZSP.DE? The ETFs below have the lowest correlation with XZSP.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 XZSP.DE.
Best Diversifiers for XZSP.DE
2 ETFs have low correlation with XZSP.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of -0.02, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.02 | -0.04 | -0.02 | 99 | Bank Loan | XZSP.DE vs XEON.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.03 | 0.24 | 0.27 | 51 | Energy Equities, S&P 500 | XZSP.DE vs QDVF.DE | |
| Amundi S&P 500 Buyback ETF | 0.61 | 0.67 | 0.70 | 58 | S&P 500 | XZSP.DE vs B500.DE | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.65 | 0.57 | — | 88 | Emerging Markets Equities | XZSP.DE vs XMME.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.66 | 0.75 | — | 67 | S&P 500, Large Cap Value Equities | XZSP.DE vs QVMP.DE |
See all 51 diversifiers for XZSP.DE
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