Looking to diversify beyond A200.AX? The ETFs below have the lowest correlation with A200.AX — 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 A200.AX.
Best Diversifiers for A200.AX
5 ETFs have low correlation with A200.AX (below 0.3), 1 of which are negatively correlated. The least correlated is BetaShares US Equities Strong Bear Currency Hedged Complex ETF (BBUS.AX) (Inverse Equities) with a 1Y correlation of -0.56, roughly unchanged from -0.63 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BetaShares US Equities Strong Bear Currency Hedged... | -0.56 | -0.63 | — | 83 | Inverse Equities | A200.AX vs BBUS.AX | |
| Betashares Global Energy Companies Currency Hedged... | 0.04 | 0.24 | 0.35 | 52 | Global Equities | A200.AX vs FUEL.AX | |
| BetaShares Australian Bank Senior Floating Rate Bo... | 0.04 | 0.03 | 0.05 | 96 | Total Bond Market | A200.AX vs QPON.AX | |
| BetaShares Australian High Interest Cash ETF | 0.09 | 0.03 | 0.05 | 98 | Money Market | A200.AX vs AAA.AX | |
| Betashares Australian Credit Income Active ETF | 0.09 | 0.04 | 0.09 | 90 | Corporate Bonds | A200.AX vs HBRD.AX |
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