Looking to diversify beyond 5QQQ.L? The ETFs below have the lowest correlation with 5QQQ.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 5QQQ.L.
Best Diversifiers for 5QQQ.L
1 ETFs have low correlation with 5QQQ.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) (High Yield Bonds) with a 1Y correlation of 0.16, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers USD High Yield Corporate Bond UCITS ETF ... | 0.16 | 0.20 | 0.23 | 54 | High Yield Bonds | 5QQQ.L vs XUHY.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.44 | 0.54 | — | 95 | Leveraged Equities | 5QQQ.L vs 3GOO.L | |
| WisdomTree EURO STOXX Banks 3x Daily Leveraged | 0.45 | 0.37 | — | 77 | Leveraged Equities | 5QQQ.L vs 3BAL.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.47 | 0.50 | — | 91 | Nasdaq-100, Options Trading | 5QQQ.L vs QYLP.L | |
| Leverage Shares 2x Micron Technology ETC GBP | 0.61 | 0.58 | — | 99 | Leveraged Equities | 5QQQ.L vs 2MU.L |
See all 34 diversifiers for 5QQQ.L
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