Looking to diversify beyond NBTK.DE? The ETFs below have the lowest correlation with NBTK.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 NBTK.DE.
Best Diversifiers for NBTK.DE
0 ETFs have low correlation with NBTK.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) (Nasdaq-100) with a 1Y correlation of 0.35, roughly unchanged from 0.39 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.35 | 0.39 | — | 71 | Nasdaq-100 | NBTK.DE vs EQQB.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.35 | 0.39 | 0.48 | 71 | Nasdaq-100 | NBTK.DE vs EQQQ.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.35 | 0.39 | 0.48 | 74 | Nasdaq-100 | NBTK.DE vs EQQX.DE | |
| Invesco FTSE All-World UCITS ETF | 0.44 | — | — | 72 | Global Equities | NBTK.DE vs FWEA.DE | |
| iShares Edge MSCI World Value Factor UCITS ETF | 0.45 | 0.50 | 0.48 | 97 | Global Equities | NBTK.DE vs IS3S.DE |
See all 14 diversifiers for NBTK.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NBTK.DE
Add NBTK.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NBTK.DE