Looking to diversify beyond BTEC.L? The ETFs below have the lowest correlation with BTEC.L — 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 BTEC.L.
Best Diversifiers for BTEC.L
0 ETFs have low correlation with BTEC.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (CNDX.L) (Nasdaq-100) with a 1Y correlation of 0.33, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | 0.33 | 0.39 | 0.51 | 61 | Nasdaq-100 | BTEC.L vs CNDX.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.37 | 0.43 | 0.47 | 62 | Emerging Markets Equities | BTEC.L vs EIMI.L | |
| iShares Core S&P 500 UCITS ETF | 0.38 | 0.44 | 0.52 | 72 | S&P 500 | BTEC.L vs CSP1.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.42 | 0.50 | 0.56 | 79 | Global Equities | BTEC.L vs SWDA.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | 0.47 | 0.54 | 0.59 | 72 | Global Equities | BTEC.L vs ISAC.L |
See all 14 diversifiers for BTEC.L
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