Looking to diversify beyond SC0Z.DE? The ETFs below have the lowest correlation with SC0Z.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 SC0Z.DE.
Best Diversifiers for SC0Z.DE
10 ETFs have low correlation with SC0Z.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) (Nasdaq-100) with a 1Y correlation of 0.07, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.07 | 0.04 | 0.18 | 74 | Nasdaq-100 | SC0Z.DE vs EQQX.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.07 | 0.04 | 0.19 | 71 | Nasdaq-100 | SC0Z.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.07 | 0.04 | — | 71 | Nasdaq-100 | SC0Z.DE vs EQQB.DE | |
| Invesco S&P 500 UCITS ETF | 0.13 | 0.11 | 0.26 | 70 | S&P 500 | SC0Z.DE vs P500.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.13 | 0.11 | 0.25 | 70 | S&P 500 | SC0Z.DE vs D500.DE |
See all 14 diversifiers for SC0Z.DE
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