Looking to diversify beyond BTEK.L? The ETFs below have the lowest correlation with BTEK.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 BTEK.L.
Best Diversifiers for BTEK.L
3 ETFs have low correlation with BTEK.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) (Technology Equities) with a 1Y correlation of 0.27, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.27 | 0.30 | 0.37 | 70 | Technology Equities, S&P 500 | BTEK.L vs IITU.L | |
| VanEck Space Innovators UCITS ETF | 0.27 | 0.35 | — | 95 | Industrials Equities | BTEK.L vs JEDG.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.27 | 0.31 | 0.37 | 68 | Technology Equities, S&P 500 | BTEK.L vs IUIT.L | |
| iShares NASDAQ 100 UCITS ETF | 0.33 | 0.38 | 0.43 | 75 | Nasdaq-100 | BTEK.L vs CNDX.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.35 | 0.37 | 0.38 | 78 | Emerging Markets Equities | BTEK.L vs EIMI.L |
See all 16 diversifiers for BTEK.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BTEK.L
Add BTEK.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BTEK.L