Looking to diversify beyond S6X0.DE? The ETFs below have the lowest correlation with S6X0.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 S6X0.DE.
Best Diversifiers for S6X0.DE
0 ETFs have low correlation with S6X0.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) (Europe Equities) with a 1Y correlation of 0.52, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.52 | 0.64 | 0.73 | 55 | Europe Equities | S6X0.DE vs ELFC.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.55 | 0.58 | 0.68 | 63 | Europe Equities | S6X0.DE vs FLXD.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.57 | 0.53 | — | 71 | Nasdaq-100 | S6X0.DE vs EQQB.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.57 | 0.57 | 0.59 | 55 | Europe Equities | S6X0.DE vs IBCJ.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.57 | 0.53 | 0.60 | 71 | Nasdaq-100 | S6X0.DE vs EQQQ.DE |
See all 33 diversifiers for S6X0.DE
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