Looking to diversify beyond ZPRX.DE? The ETFs below have historically moved differently from ZPRX.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ZPRX.DE
12 ETFs have low correlation with ZPRX.DE (below 0.3), 6 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) (Commodities) with a 1Y correlation of -0.24, down from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.24 | -0.07 | 0.02 | 64 | Commodities | ZPRX.DE vs SXRS.DE | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.20 | 0.05 | 0.20 | 52 | Energy Equities | ZPRX.DE vs ZPDE.DE | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.19 | 0.10 | 0.25 | 58 | Energy Equities | ZPRX.DE vs XDW0.DE | |
| Amundi S&P Global Energy Carbon Reduced UCITS ETF ... | -0.15 | 0.13 | — | 62 | Energy Equities | ZPRX.DE vs WELN.DE | |
| SPDR MSCI Europe Energy UCITS ETF | -0.14 | 0.17 | 0.30 | 61 | Energy Equities | ZPRX.DE vs SPYN.DE |
To view more results, upgrade your current subscription plan.
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