Looking to diversify beyond ZPDI.DE? The ETFs below have the lowest correlation with ZPDI.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 ZPDI.DE.
Best Diversifiers for ZPDI.DE
0 ETFs have low correlation with ZPDI.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc (LBRE.DE) (Industrials Equities) with a 1Y correlation of 0.39, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor STOXX Europe 600 Basic Resources UCITS ETF A... | 0.39 | 0.31 | 0.38 | 75 | Industrials Equities | ZPDI.DE vs LBRE.DE | |
| Lyxor STOXX Europe 600 Basic Resources UCITS ETF D... | 0.39 | — | — | 74 | Industrials Equities | ZPDI.DE vs E6BR.DE | |
| iShares STOXX Europe 600 Basic Resources UCITS ETF... | 0.40 | 0.31 | 0.38 | 74 | Industrials Equities | ZPDI.DE vs EXV6.DE | |
| Invesco European Basic Resources Sector UCITS ETF | 0.40 | 0.31 | 0.38 | 76 | Industrials Equities | ZPDI.DE vs SC0W.DE | |
| Lyxor STOXX Europe 600 Chemicals UCITS ETF Acc | 0.40 | 0.38 | 0.48 | 52 | Industrials Equities | ZPDI.DE vs LCHM.DE |
See all 20 diversifiers for ZPDI.DE
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