Looking to diversify beyond ZPDS.DE? The ETFs below have the lowest correlation with ZPDS.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 ZPDS.DE.
Best Diversifiers for ZPDS.DE
8 ETFs have low correlation with ZPDS.DE (below 0.3), 1 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 -0.05, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Emerging Markets UCITS ETF | -0.05 | 0.04 | 0.07 | 85 | Emerging Markets Equities | ZPDS.DE vs SPYM.DE | |
| SPDR MSCI ACWI UCITS ETF | 0.01 | 0.22 | 0.33 | 77 | Global Equities | ZPDS.DE vs SPYY.DE | |
| SPDR MSCI ACWI IMI UCITS ETF | 0.02 | 0.21 | 0.32 | 79 | Global Equities | ZPDS.DE vs SPYI.DE | |
| SPDR S&P 500 UCITS ETF | 0.03 | 0.28 | 0.40 | 69 | S&P 500 | ZPDS.DE vs SPY5.DE | |
| State Street SPDR S&P 500 UCITS ETF USD Unhedged (... | 0.03 | — | — | 69 | S&P 500, Large Cap Blend Equities | ZPDS.DE vs SPYL.DE |
See all 8 diversifiers for ZPDS.DE
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