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 VanEck Space Innovators UCITS ETF (JEDG.L) (Industrials Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.27 | 0.32 | 0.35 | 53 | Industrials Equities | BTEK.L vs JEDG.L | |
| iShares NASDAQ 100 UCITS ETF | 0.28 | 0.34 | 0.42 | 61 | Nasdaq-100 | BTEK.L vs CNDX.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.29 | 0.34 | 0.37 | 62 | Emerging Markets Equities | BTEK.L vs EIMI.L | |
| Vanguard S&P 500 UCITS ETF | 0.36 | 0.43 | 0.49 | 73 | S&P 500 | BTEK.L vs VUSA.L | |
| iShares Core S&P 500 UCITS ETF | 0.36 | 0.44 | 0.49 | 72 | S&P 500 | BTEK.L vs CSP1.L |
See all 21 diversifiers for BTEK.L
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