Looking to diversify beyond BNXG.DE? The ETFs below have the lowest correlation with BNXG.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 BNXG.DE.
Best Diversifiers for BNXG.DE
2 ETFs have low correlation with BNXG.DE (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EUR AAA CLO UCITS ETF Acc | -0.11 | — | — | 91 | CLO | BNXG.DE vs CLOA.DE | |
| Invesco EUR AAA CLO UCITS ETF Dist | 0.03 | — | — | 96 | CLO | BNXG.DE vs CLOD.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.33 | 0.36 | 0.41 | 67 | S&P 500, Large Cap Value Equities | BNXG.DE vs QVMP.DE | |
| iShares Nasdaq US Biotechnology UCITS ETF | 0.35 | 0.38 | 0.42 | 71 | Health & Biotech Equities | BNXG.DE vs 2B70.DE | |
| Invesco S&P 500 Equal Weight UCITS ETF Acc | 0.42 | 0.43 | 0.51 | 54 | S&P 500 | BNXG.DE vs SP2Q.DE |
See all 39 diversifiers for BNXG.DE
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Diversification Analysis
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