Looking to balance out your exposure to SBMO.AS? The ETFs below have the lowest correlation with SBMO.AS — they tend to move on their own, which can help reduce risk when SBMO.AS drops. The stock ideas table highlights individual companies that behave independently from SBMO.AS.
Best Diversifiers for SBMO.AS
1 ETFs have low correlation with SBMO.AS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.AS) (S&P 500) with a 1Y correlation of 0.05, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.05 | 0.16 | 0.24 | 70 | S&P 500 | SBMO.AS vs VUSA.AS |
Diversification Analysis
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