To the best of my knowledge, this study is the first to conduct a comprehensive quantitative analysis of 53 standardized derivatives trading strategies on Eurex regarding their suitability as hedging instruments in modern portfolio management. The calculations have shown that, in particular, the strategy clusters Future Hedge (H1), Protective Put (H3), combined trading strategies involving selling call options while simultaneously buying put options (H4c), and volatility strategies (H5) can be successfully employed as hedges in portfolio management. Other strategy clusters demonstrate less pronounced positive effects on investment performance in the calculations and data analysis. These include Short Call (H2), combined trading strategies consisting exclusively of call options (H4a), those consisting exclusively of put options (H4b), Calendar Spreads (H6), and Ratio Spreads (H8). The calculations for the portfolio with Ratio Calendar Spreads (H7) show a clearly negative impact on portfolio management performance.