Looking to diversify beyond SC0E.DE? The ETFs below have the lowest correlation with SC0E.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 SC0E.DE.
Best Diversifiers for SC0E.DE
0 ETFs have low correlation with SC0E.DE (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) (Utilities Equities) with a 1Y correlation of 0.39, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Utilities UCITS ETF | 0.39 | 0.40 | 0.49 | 57 | Utilities Equities | SC0E.DE vs SPYU.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.52 | 0.48 | 0.56 | 74 | Nasdaq-100 | SC0E.DE vs EQQX.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.52 | 0.48 | 0.56 | 71 | Nasdaq-100 | SC0E.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.53 | 0.48 | — | 71 | Nasdaq-100 | SC0E.DE vs EQQB.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.55 | 0.53 | 0.56 | 55 | Europe Equities | SC0E.DE vs IBCJ.DE |
See all 19 diversifiers for SC0E.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SC0E.DE
Add SC0E.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SC0E.DE