Looking to diversify beyond FSCM.DE? The ETFs below have the lowest correlation with FSCM.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 FSCM.DE.
Best Diversifiers for FSCM.DE
0 ETFs have low correlation with FSCM.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) (Global Equities) with a 1Y correlation of 0.35, up from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Sustainable Research Enhanced Global Equi... | 0.35 | 0.32 | 0.21 | 60 | Global Equities | FSCM.DE vs FGLR.DE | |
| Fidelity Sustainable Research Enhanced US Equity U... | 0.38 | 0.32 | 0.23 | 65 | Large Cap Blend Equities | FSCM.DE vs FUSR.DE | |
| Fidelity Global Quality Income UCITS ETF Inc | 0.39 | 0.32 | 0.23 | 76 | Global Equities | FSCM.DE vs FGEQ.DE | |
| Fidelity US Quality Income UCITS ETF Acc | 0.41 | 0.38 | 0.27 | 71 | Large Cap Value Equities | FSCM.DE vs FUSA.DE |
Diversification Analysis
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