Looking to diversify beyond SXR8.DE? The ETFs below have the lowest correlation with SXR8.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 SXR8.DE.
Best Diversifiers for SXR8.DE
31 ETFs have low correlation with SXR8.DE (below 0.3), 7 of which are negatively correlated. The least correlated is iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE) (Energy Equities) with a 1Y correlation of -0.08, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.08 | 0.12 | 0.22 | 58 | Energy Equities | SXR8.DE vs ESIE.DE | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.07 | 0.21 | 0.30 | 52 | Energy Equities | SXR8.DE vs XDW0.DE | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.06 | 0.21 | 0.30 | 51 | Energy Equities | SXR8.DE vs 5MVW.DE | |
| iShares Diversified Commodity Swap UCITS ETF (DE) | -0.02 | 0.14 | 0.18 | 57 | Commodities | SXR8.DE vs EXXY.DE | |
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged ... | -0.02 | 0.08 | 0.11 | 90 | Corporate Bonds | SXR8.DE vs SXRR.DE |
See all 279 diversifiers for SXR8.DE
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