Looking to diversify beyond SLQX.DE? The ETFs below have the lowest correlation with SLQX.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 SLQX.DE.
Best Diversifiers for SLQX.DE
16 ETFs have low correlation with SLQX.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.07, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.07 | 0.05 | 0.07 | 87 | Europe Equities | SLQX.DE vs FLXD.DE | |
| Amundi MSCI Europe High Dividend Factor UCITS ETF ... | 0.10 | 0.08 | 0.09 | 73 | Europe Equities | SLQX.DE vs EHF1.DE | |
| Expat Hungary BUX UCITS ETF | 0.12 | 0.09 | 0.13 | 79 | Europe Equities | SLQX.DE vs HUBE.DE | |
| Amundi ETF MSCI EMU High Dividend UCITS ETF EUR | 0.12 | 0.09 | 0.10 | 76 | Europe Equities | SLQX.DE vs 18M2.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.13 | 0.10 | 0.10 | 92 | Europe Equities | SLQX.DE vs EUPE.DE |
See all 16 diversifiers for SLQX.DE
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