Looking to diversify beyond S7XE.DE? The ETFs below have the lowest correlation with S7XE.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 S7XE.DE.
Best Diversifiers for S7XE.DE
1 ETFs have low correlation with S7XE.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (5MVW.DE) (Energy Equities) with a 1Y correlation of -0.22, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.22 | 0.08 | 0.22 | 60 | Energy Equities | S7XE.DE vs 5MVW.DE | |
| iShares Edge MSCI EM Value Factor UCITS ETF USD(Ac... | 0.38 | 0.38 | 0.42 | 95 | Emerging Markets Equities | S7XE.DE vs 5MVL.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.40 | 0.29 | 0.35 | 94 | Semiconductors, Technology Equities | S7XE.DE vs LSMC.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.41 | 0.26 | 0.32 | 71 | Nasdaq-100 | S7XE.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.41 | 0.26 | — | 71 | Nasdaq-100 | S7XE.DE vs EQQB.DE |
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