Looking to diversify beyond ZPR5.DE? The ETFs below have the lowest correlation with ZPR5.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 ZPR5.DE.
Best Diversifiers for ZPR5.DE
10 ETFs have low correlation with ZPR5.DE (below 0.3), 4 of which are negatively correlated. The least correlated is UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (EUR Hedged) Acc (FRCK.DE) (Emerging Markets Bonds) with a 1Y correlation of -0.16, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (LU) Bloomberg USD Emerging Markets Sovere... | -0.16 | -0.09 | -0.05 | 61 | Emerging Markets Bonds | ZPR5.DE vs FRCK.DE | |
| Xtrackers II USD Emerging Markets Bond UCITS ETF E... | -0.14 | -0.07 | -0.04 | 50 | Emerging Markets Bonds | ZPR5.DE vs XUEE.DE | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | -0.12 | -0.05 | 0.01 | 72 | Emerging Markets Bonds | ZPR5.DE vs SEAB.DE | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | -0.10 | -0.03 | 0.02 | 54 | Emerging Markets Bonds | ZPR5.DE vs SEAD.DE | |
| SPDR MSCI Emerging Markets UCITS ETF | 0.10 | 0.08 | 0.07 | 85 | Emerging Markets Equities | ZPR5.DE vs SPYM.DE |
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