Looking to balance out your exposure to 0QLR.L? The ETFs below have the lowest correlation with 0QLR.L — they tend to move on their own, which can help reduce risk when 0QLR.L drops. The stock ideas table highlights individual companies that behave independently from 0QLR.L.
Best Diversifiers for 0QLR.L
1 ETFs have low correlation with 0QLR.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.L) (S&P 500) with a 1Y correlation of 0.06, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.06 | 0.12 | 0.17 | 82 | S&P 500 | 0QLR.L vs VUSA.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from 0QLR.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to 0QLR.L and solid risk/return profiles. The least correlated is AstraZeneca plc (AZN.L) (Healthcare) with a 1Y correlation of 0.50, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AstraZeneca plc | 0.50 | 0.45 | 0.43 | 74 | Healthcare |
Build a portfolio that complements 0QLR.L
Add 0QLR.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 0QLR.L