Looking to diversify beyond SXLK.AS? The ETFs below have the lowest correlation with SXLK.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 SXLK.AS.
Best Diversifiers for SXLK.AS
1 ETFs have low correlation with SXLK.AS (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR Dow Jones Industrial Average ETF Trust (DIA.AS) (Large Cap Value Equities) with a 1Y correlation of 0.18, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Dow Jones Industrial Average ETF Trust | 0.18 | 0.29 | 0.45 | 81 | Large Cap Value Equities | SXLK.AS vs DIA.AS | |
| L&G ROBO Global Robotics and Automation UCITS ETF | 0.68 | 0.70 | 0.75 | 76 | Robotics, Technology Equities | SXLK.AS vs ROBO.AS | |
| Vanguard FTSE North America UCITS ETF | 0.80 | 0.82 | 0.84 | 70 | Large Cap Blend Equities | SXLK.AS vs VNRT.AS | |
| SPDR MSCI World UCITS ETF | 0.80 | 0.82 | 0.85 | 70 | Global Equities | SXLK.AS vs SWRD.AS | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.81 | 0.82 | 0.85 | 71 | Global Equities | SXLK.AS vs IWDA.AS |
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