Looking to diversify beyond SC0Q.DE? The ETFs below have the lowest correlation with SC0Q.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 SC0Q.DE.
Best Diversifiers for SC0Q.DE
10 ETFs have low correlation with SC0Q.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 0.07, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.07 | 0.05 | 0.21 | 71 | Nasdaq-100 | SC0Q.DE vs EQQQ.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.10 | 0.07 | 0.23 | 74 | Nasdaq-100 | SC0Q.DE vs EQQX.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.10 | 0.07 | — | 71 | Nasdaq-100 | SC0Q.DE vs EQQB.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.13 | 0.15 | 0.32 | 70 | S&P 500 | SC0Q.DE vs D500.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.14 | 0.15 | — | 67 | Large Cap Blend Equities | SC0Q.DE vs 6PSE.DE |
See all 10 diversifiers for SC0Q.DE
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