Looking to diversify beyond BATE.DE? The ETFs below have the lowest correlation with BATE.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 BATE.DE.
Best Diversifiers for BATE.DE
2 ETFs have low correlation with BATE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of 0.07, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | 0.07 | 0.13 | 0.18 | 52 | Commodities | BATE.DE vs ETL2.DE | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.17 | 0.19 | 0.27 | 71 | Utilities Equities | BATE.DE vs SPYU.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.46 | 0.56 | — | 85 | Europe Equities | BATE.DE vs LGGE.DE | |
| Franklin FTSE Korea UCITS ETF | 0.52 | 0.57 | 0.59 | 97 | Asia Pacific Equities | BATE.DE vs FLXK.DE | |
| L&G US Equity UCITS ETF | 0.58 | 0.55 | 0.62 | 71 | Large Cap Blend Equities | BATE.DE vs ETLS.DE |
See all 12 diversifiers for BATE.DE
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