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"systematic risk" is correct and usable in written English.
You can use it to describe a type of risk that affects a large number of assets or investment classes. For example, "Investors must be aware of both specific risks of individual stocks and systematic risk, such as fluctuations in the overall market."
Dictionary
systematic risk
noun
The risk associated with an asset that is correlated with the risk of asset markets generally, often measured as its beta.
synonyms
Exact(58)
The only funds it can use are ¥15 trillion set aside in the event of "systematic" risk.
"We need to stop treating this as a side show... climate change could be the next systematic risk but most pension funds still see this as a 'greeny' issue".
AMONG the reforms approved by the House Financial Services Committee on Thursday was an amendment allowing a systematic risk council to suggest new regulations on financial and corporate accounting.
In order to handle microbial risks efficiently, there is a need for systematic risk management.
According to traditional finance theory this can only be due to higher systematic risk.
No systematic risk assessment had been undertaken up to this point.
They explained this association by the increased market and the systematic risk.
The rumblings of systematic risk became reality with the implosion of Russia, Indonesia and South Korea.
In contrast, systematic risk was unrelated to managerial ownership in both periods.
Investors buy a stock with a higher (systematic) risk, in anticipation of higher returns.
Changes in systematic risk reflected the reaction of the stock market to the verdict announcements.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com