Looking to diversify beyond ZPRW.DE? The ETFs below have the lowest correlation with ZPRW.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 ZPRW.DE.
Best Diversifiers for ZPRW.DE
0 ETFs have low correlation with ZPRW.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) (Technology Equities) with a 1Y correlation of 0.42, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.42 | 0.38 | 0.48 | 86 | Technology Equities | ZPRW.DE vs XAIX.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.43 | 0.37 | 0.46 | 94 | Semiconductors, Technology Equities | ZPRW.DE vs LSMC.DE | |
| SPDR S&P 500 UCITS ETF | 0.52 | 0.44 | 0.55 | 69 | S&P 500 | ZPRW.DE vs SPY5.DE | |
| State Street SPDR S&P 500 UCITS ETF USD Unhedged (... | 0.53 | — | — | 69 | S&P 500, Large Cap Blend Equities | ZPRW.DE vs SPYL.DE | |
| SPDR MSCI Emerging Markets UCITS ETF | 0.55 | 0.54 | 0.55 | 85 | Emerging Markets Equities | ZPRW.DE vs SPYM.DE |
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