Looking to diversify beyond SC0X.DE? The ETFs below have the lowest correlation with SC0X.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 SC0X.DE.
Best Diversifiers for SC0X.DE
0 ETFs have low correlation with SC0X.DE (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE) (Technology Equities) with a 1Y correlation of 0.62, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Emerging Cyber Security ESG Exclusions UCITS E... | 0.62 | 0.67 | 0.68 | 64 | Technology Equities | SC0X.DE vs ES6Y.DE | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.63 | 0.66 | 0.70 | 63 | Technology Equities | SC0X.DE vs XUTC.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.63 | 0.67 | 0.72 | 94 | Semiconductors, Technology Equities | SC0X.DE vs LSMC.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.63 | 0.65 | 0.70 | 65 | Technology Equities, S&P 500 | SC0X.DE vs QDVE.DE | |
| SPDR S&P US Technology Select Sector UCITS ETF | 0.64 | 0.67 | 0.71 | 65 | Technology Equities | SC0X.DE vs ZPDT.DE |
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