Looking to diversify beyond ZPDH.DE? The ETFs below have the lowest correlation with ZPDH.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 ZPDH.DE.
Best Diversifiers for ZPDH.DE
3 ETFs have low correlation with ZPDH.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 0.14, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Emerging Markets UCITS ETF | 0.14 | 0.15 | 0.20 | 85 | Emerging Markets Equities | ZPDH.DE vs SPYM.DE | |
| SPDR S&P 500 UCITS ETF | 0.29 | 0.45 | 0.56 | 69 | S&P 500 | ZPDH.DE vs SPY5.DE | |
| State Street SPDR S&P 500 UCITS ETF USD Unhedged (... | 0.30 | — | — | 69 | S&P 500, Large Cap Blend Equities | ZPDH.DE vs SPYL.DE | |
| State Street SPDR S&P 500 Leaders UCITS ETF | 0.30 | 0.42 | 0.54 | 78 | S&P 500, ESG | ZPDH.DE vs SPPY.DE | |
| SPDR MSCI ACWI UCITS ETF | 0.30 | 0.43 | 0.52 | 77 | Global Equities | ZPDH.DE vs SPYY.DE |
See all 12 diversifiers for ZPDH.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ZPDH.DE
Add ZPDH.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZPDH.DE