Looking to diversify beyond SXRD.DE? The ETFs below have the lowest correlation with SXRD.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 SXRD.DE.
Best Diversifiers for SXRD.DE
0 ETFs have low correlation with SXRD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) (Technology Equities) with a 1Y correlation of 0.37, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.37 | 0.38 | 0.48 | 65 | Technology Equities, S&P 500 | SXRD.DE vs QDVE.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.40 | 0.45 | 0.53 | 97 | Semiconductors, Technology Equities | SXRD.DE vs SEC0.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.43 | 0.57 | 0.66 | 55 | Europe Equities | SXRD.DE vs ELFC.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.45 | 0.45 | 0.52 | 71 | Nasdaq-100 | SXRD.DE vs SXRV.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.49 | 0.58 | 0.66 | 63 | Europe Equities | SXRD.DE vs FLXD.DE |
See all 25 diversifiers for SXRD.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SXRD.DE
Add SXRD.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SXRD.DE