Looking to diversify beyond SC0K.DE? The ETFs below have the lowest correlation with SC0K.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 SC0K.DE.
Best Diversifiers for SC0K.DE
0 ETFs have low correlation with SC0K.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 0.67, roughly unchanged from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.67 | 0.59 | 0.66 | 71 | Nasdaq-100 | SC0K.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.67 | 0.59 | — | 71 | Nasdaq-100 | SC0K.DE vs EQQB.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.67 | 0.59 | 0.66 | 74 | Nasdaq-100 | SC0K.DE vs EQQX.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | 0.73 | 0.67 | 0.73 | 78 | S&P 500 | SC0K.DE vs 5ESG.DE | |
| Invesco FTSE All-World UCITS ETF | 0.73 | 0.72 | 0.72 | 72 | Global Equities | SC0K.DE vs FWEA.DE |
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