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
11 ETFs have low correlation with SC00.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) (Nasdaq-100) with a 1Y correlation of 0.09, down from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.09 | 0.23 | — | 64 | Nasdaq-100 | SC00.DE vs EQQB.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.10 | 0.23 | 0.38 | 56 | Nasdaq-100 | SC00.DE vs EQQQ.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.18 | 0.29 | — | 77 | Large Cap Blend Equities | SC00.DE vs 6PSE.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.19 | 0.29 | 0.45 | 74 | S&P 500 | SC00.DE vs D500.DE | |
| Invesco S&P 500 UCITS ETF | 0.20 | 0.29 | 0.45 | 73 | S&P 500 | SC00.DE vs P500.DE |
See all 21 diversifiers for SC00.DE
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