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iShares $ Sukuk UCITS ETF USD (Dist) (SKUK.AS) Diversifiers

ETF · Currency in USD · Last updated Jun 5, 2026

The iShares $ Sukuk UCITS ETF seeks to track the performance of the J.P. Morgan EM Aggregate Sukuk Index, investing in a portfolio of USD-denominated Sukuk (Islamic bond) instruments issued by entities across emerging markets.

Looking to diversify beyond SKUK.AS? The ETFs below have the lowest correlation with SKUK.AS — 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 SKUK.AS.

Best Diversifiers for SKUK.AS

0 ETFs have low correlation with SKUK.AS (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
WITS.AS
iShares MSCI World Information Technology Sector E...0.30——
66
Technology EquitiesSKUK.AS vs WITS.AS
CNDX.AS
iShares NASDAQ 100 UCITS ETF0.32——
71
Nasdaq-100SKUK.AS vs CNDX.AS
IDVY.AS
iShares Euro Dividend UCITS ETF0.32——
52
Europe EquitiesSKUK.AS vs IDVY.AS
IWDA.AS
iShares Core MSCI World UCITS ETF USD (Acc)0.340.290.29
71
Global EquitiesSKUK.AS vs IWDA.AS
CSPX.AS
iShares Core S&P 500 UCITS ETF0.380.330.33
70
S&P 500SKUK.AS vs CSPX.AS
See all 6 diversifiers for SKUK.AS

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Diversification Analysis

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