Looking to diversify beyond ZA30.DE? The ETFs below have the lowest correlation with ZA30.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 ZA30.DE.
Best Diversifiers for ZA30.DE
1 ETFs have low correlation with ZA30.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF (Acc) (QDVF.DE) (Energy Equities) with a 1Y correlation of 0.02, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.02 | 0.24 | 0.26 | 51 | Energy Equities, S&P 500 | ZA30.DE vs QDVF.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.59 | 0.53 | 0.55 | 93 | Global Equities, Dividend | ZA30.DE vs ISPA.DE | |
| Amundi S&P 500 Buyback ETF | 0.61 | 0.67 | — | 58 | S&P 500 | ZA30.DE vs B500.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.64 | 0.74 | — | 67 | S&P 500, Large Cap Value Equities | ZA30.DE vs QVMP.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.66 | 0.58 | 0.53 | 82 | Emerging Markets Equities | ZA30.DE vs IS3N.DE |
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