Looking to diversify beyond ZPA5.DE? The ETFs below have the lowest correlation with ZPA5.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 ZPA5.DE.
Best Diversifiers for ZPA5.DE
1 ETFs have low correlation with ZPA5.DE (below 0.3), 1 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 -0.07, down from 0.23 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) | -0.07 | 0.17 | 0.23 | 51 | Energy Equities, S&P 500 | ZPA5.DE vs QDVF.DE | |
| Amundi S&P 500 Buyback ETF | 0.60 | 0.66 | 0.74 | 58 | S&P 500 | ZPA5.DE vs B500.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.64 | 0.73 | 0.71 | 67 | S&P 500, Large Cap Value Equities | ZPA5.DE vs QVMP.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.65 | 0.56 | 0.55 | 82 | Emerging Markets Equities | ZPA5.DE vs IS3N.DE | |
| Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 0.69 | 0.72 | 0.74 | 66 | S&P 500, ESG | ZPA5.DE vs XZEW.DE |
See all 42 diversifiers for ZPA5.DE
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