Looking to balance out your exposure to BMW.DE? The ETFs below have the lowest correlation with BMW.DE — they tend to move on their own, which can help reduce risk when BMW.DE drops. The stock ideas table highlights individual companies that behave independently from BMW.DE.
Best Diversifiers for BMW.DE
13 ETFs have low correlation with BMW.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) (Technology Equities) with a 1Y correlation of 0.17, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.17 | 0.21 | 0.29 | 86 | Technology Equities | BMW.DE vs XAIX.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.19 | 0.19 | 0.26 | 65 | Technology Equities, S&P 500 | BMW.DE vs QDVE.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.19 | 0.21 | 0.28 | 71 | Nasdaq-100 | BMW.DE vs SXRV.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.20 | 0.21 | 0.28 | 71 | Nasdaq-100 | BMW.DE vs EQQQ.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.20 | 0.21 | 0.29 | 64 | Technology Equities | BMW.DE vs LYPG.DE |
See all 15 diversifiers for BMW.DE
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