Looking to diversify beyond SXR4.DE? The ETFs below have the lowest correlation with SXR4.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 SXR4.DE.
Best Diversifiers for SXR4.DE
3 ETFs have low correlation with SXR4.DE (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of 0.04, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | 0.04 | 0.19 | 0.20 | 57 | Commodities | SXR4.DE vs ETL2.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.06 | 0.04 | 0.03 | 95 | European Government Bonds | SXR4.DE vs PRAB.DE | |
| iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 0.14 | 0.11 | 0.25 | 55 | Utilities Equities | SXR4.DE vs EXH9.DE | |
| Amundi MSCI Emerging Markets Latin America UCITS E... | 0.39 | 0.35 | 0.37 | 57 | Latin America Equities | SXR4.DE vs AMEL.DE | |
| Lyxor STOXX Europe 600 Banks UCITS ETF Dist | 0.49 | 0.35 | 0.39 | 53 | Financials Equities | SXR4.DE vs INDA.DE |
See all 41 diversifiers for SXR4.DE
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