Looking to balance out your exposure to BAYN.DE? The ETFs below have the lowest correlation with BAYN.DE — they tend to move on their own, which can help reduce risk when BAYN.DE drops. The stock ideas table highlights individual companies that behave independently from BAYN.DE.
Best Diversifiers for BAYN.DE
19 ETFs have low correlation with BAYN.DE (below 0.3), 1 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 -0.21, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.21 | -0.07 | 0.01 | 57 | Commodities | BAYN.DE vs ETL2.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.05 | 0.07 | — | 71 | Nasdaq-100 | BAYN.DE vs EQQB.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.05 | 0.03 | 0.14 | 65 | Technology Equities, S&P 500 | BAYN.DE vs QDVE.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.07 | 0.06 | 0.15 | 64 | Technology Equities | BAYN.DE vs XDWT.DE | |
| Amundi S&P 500 UCITS ETF EUR | 0.09 | 0.12 | 0.22 | 69 | S&P 500 | BAYN.DE vs AUM5.DE |
See all 19 diversifiers for BAYN.DE
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