Looking to diversify beyond ZPDF.DE? The ETFs below have the lowest correlation with ZPDF.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 ZPDF.DE.
Best Diversifiers for ZPDF.DE
1 ETFs have low correlation with ZPDF.DE (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) (Emerging Markets Equities) with a 1Y correlation of 0.26, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Emerging Markets UCITS ETF | 0.26 | 0.32 | 0.38 | 85 | Emerging Markets Equities | ZPDF.DE vs SPYM.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.31 | 0.32 | 0.44 | 65 | Technology Equities, S&P 500 | ZPDF.DE vs QDVE.DE | |
| Lyxor STOXX Europe 600 Banks UCITS ETF Acc | 0.46 | 0.44 | 0.53 | 53 | Financials Equities | ZPDF.DE vs LBNK.DE | |
| Lyxor STOXX Europe 600 Banks UCITS ETF Dist | 0.47 | 0.42 | 0.50 | 53 | Financials Equities | ZPDF.DE vs INDA.DE | |
| iShares STOXX Europe 600 Banks UCITS ETF (DE) | 0.47 | 0.43 | 0.53 | 53 | Financials Equities | ZPDF.DE vs EXV1.DE |
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