Looking to diversify beyond AQWG.L? The ETFs below have the lowest correlation with AQWG.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 AQWG.L.
Best Diversifiers for AQWG.L
2 ETFs have low correlation with AQWG.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) (Nasdaq-100) with a 1Y correlation of 0.20, roughly unchanged from 0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.20 | 0.29 | — | 84 | Nasdaq-100, Options Trading | AQWG.L vs QYLP.L | |
| Global X Copper Miners UCITS ETF USD Acc | 0.20 | 0.28 | — | 69 | Copper | AQWG.L vs COPG.L | |
| Global X Renewable Energy Producers UCITS ETF USD ... | 0.31 | 0.40 | — | 56 | Energy Equities | AQWG.L vs RNRU.L | |
| Global X Lithium & Battery Tech UCITS ETF USD Acc | 0.32 | 0.35 | — | 79 | Lithium & Battery Metals | AQWG.L vs LITU.L | |
| Global X Genomics & Biotechnology UCITS ETF | 0.32 | 0.43 | 0.45 | 78 | Health & Biotech Equities | AQWG.L vs GNOG.L |
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