Looking to diversify beyond SMLN.DE? The ETFs below have the lowest correlation with SMLN.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 SMLN.DE.
Best Diversifiers for SMLN.DE
0 ETFs have low correlation with SMLN.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) (Nasdaq-100) with a 1Y correlation of 0.45, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.45 | 0.45 | 0.50 | 71 | Nasdaq-100 | SMLN.DE vs EQQQ.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.45 | 0.46 | 0.50 | 74 | Nasdaq-100 | SMLN.DE vs EQQX.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.45 | 0.46 | — | 71 | Nasdaq-100 | SMLN.DE vs EQQB.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | 0.48 | 0.50 | 0.53 | 78 | S&P 500 | SMLN.DE vs 5ESG.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.50 | 0.52 | 0.52 | 67 | Large Cap Blend Equities | SMLN.DE vs 6PSE.DE |
See all 41 diversifiers for SMLN.DE
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