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
1 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 -0.04, roughly unchanged from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.04 | -0.03 | — | 99 | Bank Loan | XZSP.DE vs XEON.DE | |
| iShares S&P 500 Equal Weight UCITS ETF EUR Hedged ... | 0.55 | — | — | 53 | S&P 500, Equal Weight | XZSP.DE vs EFRW.DE | |
| Xtrackers STOXX Europe 600 UCITS ETF | 0.58 | 0.55 | 0.57 | 57 | Europe Equities | XZSP.DE vs XSX6.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.58 | — | — | 72 | S&P 500, Derivative Income | XZSP.DE vs XY7D.DE | |
| Xtrackers MSCI World ex USA UCITS ETF 1C USD | 0.59 | 0.60 | 0.60 | 73 | Global Equities | XZSP.DE vs EXUS.DE |
See all 56 diversifiers for XZSP.DE
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