Looking to diversify beyond SLMC.DE? The ETFs below have the lowest correlation with SLMC.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 SLMC.DE.
Best Diversifiers for SLMC.DE
0 ETFs have low correlation with SLMC.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) (Technology Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.45 | 0.45 | 0.54 | 65 | Technology Equities, S&P 500 | SLMC.DE vs QDVE.DE | |
| iShares Nasdaq US Biotechnology UCITS ETF | 0.46 | 0.45 | 0.45 | 71 | Health & Biotech Equities | SLMC.DE vs 2B70.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.52 | 0.54 | 0.60 | 97 | Semiconductors, Technology Equities | SLMC.DE vs SEC0.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.52 | 0.50 | 0.58 | 71 | Nasdaq-100 | SLMC.DE vs SXRV.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.55 | 0.55 | 0.58 | 55 | Europe Equities | SLMC.DE vs IBCJ.DE |
See all 25 diversifiers for SLMC.DE
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