Looking to diversify beyond S0LR.DE? The ETFs below have the lowest correlation with S0LR.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 S0LR.DE.
Best Diversifiers for S0LR.DE
14 ETFs have low correlation with S0LR.DE (below 0.3), 8 of which are negatively correlated. The least correlated is Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) (Energy Equities) with a 1Y correlation of -0.13, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P World Energy ESG UCITS ETF Acc | -0.13 | 0.12 | — | 53 | Energy Equities | S0LR.DE vs WDEE.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | -0.12 | 0.10 | — | 51 | Energy Equities, S&P 500 | S0LR.DE vs QDVF.DE | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.09 | 0.11 | — | 51 | Energy Equities | S0LR.DE vs ZPDE.DE | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.09 | 0.14 | — | 59 | Energy Equities | S0LR.DE vs XDW0.DE | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.08 | 0.14 | 0.20 | 60 | Energy Equities | S0LR.DE vs 5MVW.DE |
See all 31 diversifiers for S0LR.DE
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