Looking to diversify beyond SC00.DE? The ETFs below have the lowest correlation with SC00.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 SC00.DE.
Best Diversifiers for SC00.DE
8 ETFs have low correlation with SC00.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Space Innovators UCITS ETF (JEDI.DE) (Industrials Equities) with a 1Y correlation of 0.12, roughly unchanged from 0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.12 | 0.22 | — | 94 | Industrials Equities | SC00.DE vs JEDI.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.16 | 0.24 | 0.34 | 71 | Nasdaq-100 | SC00.DE vs EQQB.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.16 | 0.24 | 0.36 | 71 | Nasdaq-100 | SC00.DE vs EQQQ.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.16 | 0.24 | 0.36 | 74 | Nasdaq-100 | SC00.DE vs EQQX.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.23 | 0.28 | 0.42 | 70 | S&P 500 | SC00.DE vs D500.DE |
See all 18 diversifiers for SC00.DE
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