Looking to diversify beyond SC0V.DE? The ETFs below have the lowest correlation with SC0V.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 SC0V.DE.
Best Diversifiers for SC0V.DE
22 ETFs have low correlation with SC0V.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Solar Energy UCITS ETF Acc (S0LR.DE) (Energy Equities) with a 1Y correlation of 0.08, down from 0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Solar Energy UCITS ETF Acc | 0.08 | 0.26 | — | 87 | Energy Equities | SC0V.DE vs S0LR.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.11 | 0.19 | 0.20 | 71 | Nasdaq-100 | SC0V.DE vs EQQB.DE | |
| Invesco FTSE All-World UCITS ETF | 0.11 | — | — | 72 | Global Equities | SC0V.DE vs FWEA.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.11 | 0.19 | 0.21 | 74 | Nasdaq-100 | SC0V.DE vs EQQX.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.11 | 0.19 | 0.21 | 71 | Nasdaq-100 | SC0V.DE vs EQQQ.DE |
See all 39 diversifiers for SC0V.DE
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