Looking to diversify beyond SC0D.DE? The ETFs below have the lowest correlation with SC0D.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 SC0D.DE.
Best Diversifiers for SC0D.DE
0 ETFs have low correlation with SC0D.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) (Europe Equities) with a 1Y correlation of 0.52, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.52 | 0.65 | 0.74 | 55 | Europe Equities | SC0D.DE vs ELFC.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.54 | 0.59 | 0.69 | 63 | Europe Equities | SC0D.DE vs FLXD.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.57 | 0.57 | 0.59 | 55 | Europe Equities | SC0D.DE vs IBCJ.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.58 | 0.52 | 0.60 | 71 | Nasdaq-100 | SC0D.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.58 | 0.53 | — | 71 | Nasdaq-100 | SC0D.DE vs EQQB.DE |
See all 35 diversifiers for SC0D.DE
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