Looking to diversify beyond SC05.DE? The ETFs below have the lowest correlation with SC05.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 SC05.DE.
Best Diversifiers for SC05.DE
0 ETFs have low correlation with SC05.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) (Nasdaq-100) with a 1Y correlation of 0.33, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.33 | 0.35 | 0.45 | 71 | Nasdaq-100 | SC05.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.34 | 0.35 | — | 71 | Nasdaq-100 | SC05.DE vs EQQB.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.34 | 0.35 | 0.45 | 74 | Nasdaq-100 | SC05.DE vs EQQX.DE | |
| Invesco S&P 500 UCITS ETF | 0.43 | 0.42 | 0.49 | 70 | S&P 500 | SC05.DE vs P500.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.43 | 0.42 | 0.49 | 70 | S&P 500 | SC05.DE vs D500.DE |
See all 9 diversifiers for SC05.DE
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