Looking to diversify beyond SK9A.DE? The ETFs below have the lowest correlation with SK9A.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 SK9A.DE.
Best Diversifiers for SK9A.DE
12 ETFs have low correlation with SK9A.DE (below 0.3), 5 of which are negatively correlated. The least correlated is Amundi ETF MSCI EMU High Dividend UCITS ETF EUR (18M2.DE) (Europe Equities) with a 1Y correlation of -0.06, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi ETF MSCI EMU High Dividend UCITS ETF EUR | -0.06 | -0.03 | 0.01 | 76 | Europe Equities | SK9A.DE vs 18M2.DE | |
| iShares ATX UCITS ETF (DE) | -0.06 | -0.02 | 0.00 | 91 | Europe Equities | SK9A.DE vs EXXX.DE | |
| Xtrackers ATX UCITS ETF (Acc) | -0.05 | -0.02 | 0.00 | 91 | Europe Equities | SK9A.DE vs XB4A.DE | |
| Franklin European Quality Dividend UCITS ETF | -0.01 | -0.02 | 0.02 | 87 | Europe Equities | SK9A.DE vs FLXD.DE | |
| Amundi Prime Eurozone UCITS ETF | -0.01 | 0.02 | 0.04 | 52 | Europe Equities | SK9A.DE vs PRAZ.DE |
See all 12 diversifiers for SK9A.DE
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