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
7 ETFs have low correlation with ZPRX.DE (below 0.3), 4 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) (Commodities) with a 1Y correlation of -0.20, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.20 | -0.03 | 0.05 | 59 | Commodities | ZPRX.DE vs SXRS.DE | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.12 | 0.10 | 0.23 | 51 | Energy Equities | ZPRX.DE vs ZPDE.DE | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.10 | 0.16 | 0.29 | 59 | Energy Equities | ZPRX.DE vs XDW0.DE | |
| SPDR MSCI Europe Energy UCITS ETF | -0.08 | 0.21 | 0.33 | 75 | Energy Equities | ZPRX.DE vs SPYN.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.06 | 0.00 | 0.02 | 99 | Bank Loan | ZPRX.DE vs XEON.DE |
See all 73 diversifiers for ZPRX.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ZPRX.DE
Add ZPRX.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZPRX.DE