Looking to diversify beyond ZPRD.DE? The ETFs below have the lowest correlation with ZPRD.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 ZPRD.DE.
Best Diversifiers for ZPRD.DE
0 ETFs have low correlation with ZPRD.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 0.41, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Emerging Markets UCITS ETF | 0.41 | 0.47 | 0.51 | 85 | Emerging Markets Equities | ZPRD.DE vs SPYM.DE | |
| Vanguard S&P 500 UCITS USD Acc ETF | 0.44 | 0.43 | 0.52 | 69 | S&P 500 | ZPRD.DE vs VUAA.DE | |
| SPDR S&P 500 UCITS ETF | 0.44 | 0.42 | 0.53 | 69 | S&P 500 | ZPRD.DE vs SPY5.DE | |
| State Street SPDR S&P 500 UCITS ETF USD Unhedged (... | 0.44 | 0.41 | 0.41 | 69 | S&P 500, Large Cap Blend Equities | ZPRD.DE vs SPYL.DE | |
| State Street SPDR S&P 500 Leaders UCITS ETF | 0.45 | 0.42 | 0.52 | 78 | S&P 500, ESG | ZPRD.DE vs SPPY.DE |
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