Looking to balance out your exposure to MC.PA? The ETFs below have the lowest correlation with MC.PA — they tend to move on their own, which can help reduce risk when MC.PA drops. The stock ideas table highlights individual companies that behave independently from MC.PA.
Best Diversifiers for MC.PA
1 ETFs have low correlation with MC.PA (below 0.3), 0 of which are negatively correlated. The least correlated is BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) (S&P 500) with a 1Y correlation of 0.28, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy S&P 500 UCITS ETF | 0.28 | 0.30 | 0.43 | 69 | S&P 500 | MC.PA vs ESE.PA |
Diversification Analysis
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