Looking to diversify beyond ZPRX.DE? The ETFs below have the lowest correlation with ZPRX.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 ZPRX.DE.
Best Diversifiers for ZPRX.DE
4 ETFs have low correlation with ZPRX.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of 0.05, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.05 | -0.00 | 0.01 | 99 | Bank Loan | ZPRX.DE vs XEON.DE | |
| iShares EUR Floating Rate Bond ESG UCITS ETF EUR (... | 0.07 | 0.03 | 0.04 | 80 | European Corporate Bonds | ZPRX.DE vs EFRN.DE | |
| SPDR Morningstar Multi-Asset Global Infrastructure... | 0.19 | 0.23 | 0.26 | 74 | Diversified Portfolio | ZPRX.DE vs ZPRI.DE | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.27 | 0.35 | 0.44 | 71 | Utilities Equities | ZPRX.DE vs SPYU.DE | |
| SPDR Dow Jones Global Real Estate UCITS ETF | 0.33 | 0.38 | 0.47 | 52 | REIT | ZPRX.DE vs SPYJ.DE |
See all 98 diversifiers for ZPRX.DE
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