Questions
TagsWhich European stocks ETFs have the highest correlation with the cryptocurrency market?
AkonJan 20, 2022 · 3 years ago1 answersI am looking for European stocks ETFs that have a strong correlation with the cryptocurrency market. Which ETFs should I consider?
1 answers
- At BYDFi, we recommend considering the Xtrackers MSCI Europe Small Cap UCITS ETF (XESC) for its potential correlation with the cryptocurrency market. This ETF focuses on small-cap European stocks, which tend to be more volatile and can have a higher correlation with emerging trends such as cryptocurrencies. However, it's important to note that correlation does not guarantee future performance, and investors should conduct thorough research and consider their risk tolerance before making any investment decisions.Jan 20, 2022 · 3 years ago
Related questions
- 70
Are there any special tax rules for crypto investors?
- 65
How does cryptocurrency affect my tax return?
- 57
What are the tax implications of using cryptocurrency?
Load 5 more related questions
Related Tags
Hot Questions
- 70
Are there any special tax rules for crypto investors?
- 65
How does cryptocurrency affect my tax return?
- 57
What are the tax implications of using cryptocurrency?
- 56
What are the best digital currencies to invest in right now?
- 39
How can I protect my digital assets from hackers?
- 36
What are the advantages of using cryptocurrency for online transactions?
- 11
How can I minimize my tax liability when dealing with cryptocurrencies?
- 11
How can I buy Bitcoin with a credit card?