Looking to diversify beyond ZPRM.DE? The ETFs below have the lowest correlation with ZPRM.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 ZPRM.DE.
Best Diversifiers for ZPRM.DE
1 ETFs have low correlation with ZPRM.DE (below 0.3), 1 of which are negatively correlated. The least correlated is State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) (ZPR1.DE) (Money Market) with a 1Y correlation of -0.05, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Bloomberg 1-3 Month T-Bill UCITS... | -0.05 | 0.01 | 0.02 | 98 | Money Market | ZPRM.DE vs ZPR1.DE | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.36 | 0.33 | 0.37 | 87 | Small Cap Value Equities | ZPRM.DE vs ZPRV.DE | |
| State Street SPDR S&P 500 UCITS ETF USD Unhedged (... | 0.37 | — | — | 76 | S&P 500, Large Cap Blend Equities | ZPRM.DE vs SPYL.DE | |
| SPDR S&P 500 UCITS ETF | 0.37 | 0.30 | 0.35 | 77 | S&P 500 | ZPRM.DE vs SPY5.DE | |
| State Street SPDR S&P 500 Leaders UCITS ETF | 0.40 | 0.31 | 0.35 | 86 | S&P 500, ESG | ZPRM.DE vs SPPY.DE |
See all 16 diversifiers for ZPRM.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ZPRM.DE
Add ZPRM.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZPRM.DE