Looking to balance out your exposure to AM.PA? The ETFs below have the lowest correlation with AM.PA — they tend to move on their own, which can help reduce risk when AM.PA drops. The stock ideas table highlights individual companies that behave independently from AM.PA.
Best Diversifiers for AM.PA
2 ETFs have low correlation with AM.PA (below 0.3), 0 of which are negatively correlated. The least correlated is BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) (S&P 500) with a 1Y correlation of 0.17, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy S&P 500 UCITS ETF | 0.17 | 0.19 | 0.24 | 79 | S&P 500 | AM.PA vs ESE.PA | |
| iShares MSCI World Swap PEA UCITS ETF | 0.21 | — | — | 83 | Global Equities | AM.PA vs WPEA.PA |
Diversification Analysis
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