Looking to diversify beyond SLMG.DE? The ETFs below have the lowest correlation with SLMG.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 SLMG.DE.
Best Diversifiers for SLMG.DE
4 ETFs have low correlation with SLMG.DE (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Cash UCITS ETF EUR Acc | 0.03 | — | — | 100 | Money Market | SLMG.DE vs YCSH.DE | |
| Xtrackers II USD Emerging Markets Bond UCITS ETF 2... | 0.28 | 0.49 | 0.54 | 59 | Emerging Markets Bonds | SLMG.DE vs XUEB.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.29 | 0.19 | 0.29 | 65 | Technology Equities, S&P 500 | SLMG.DE vs QDVE.DE | |
| Xtrackers USD Emerging Markets Bond UCITS ETF 2D | 0.30 | 0.49 | 0.54 | 56 | Emerging Markets Bonds | SLMG.DE vs XUEM.DE | |
| UBS ETF (LU) Bloomberg USD Emerging Markets Sovere... | 0.33 | 0.50 | 0.53 | 67 | Emerging Markets Bonds | SLMG.DE vs UEFS.DE |
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