Looking to diversify beyond SC0Y.DE? The ETFs below have the lowest correlation with SC0Y.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 SC0Y.DE.
Best Diversifiers for SC0Y.DE
3 ETFs have low correlation with SC0Y.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 0.23, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.23 | 0.24 | 0.33 | 71 | Nasdaq-100 | SC0Y.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.23 | 0.24 | 0.31 | 71 | Nasdaq-100 | SC0Y.DE vs EQQB.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.24 | 0.25 | 0.33 | 74 | Nasdaq-100 | SC0Y.DE vs EQQX.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.33 | 0.33 | 0.43 | 70 | S&P 500 | SC0Y.DE vs D500.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.33 | 0.33 | 0.40 | 67 | Large Cap Blend Equities | SC0Y.DE vs 6PSE.DE |
See all 13 diversifiers for SC0Y.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SC0Y.DE
Add SC0Y.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SC0Y.DE