Looking to diversify beyond EQQJ.DE? The ETFs below have the lowest correlation with EQQJ.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 EQQJ.DE.
Best Diversifiers for EQQJ.DE
1 ETFs have low correlation with EQQJ.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Dist (SMLD.DE) (Energy Equities) with a 1Y correlation of 0.03, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Morningstar US Energy Infrastructure MLP U... | 0.03 | 0.25 | 0.31 | 52 | Energy Equities | EQQJ.DE vs SMLD.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.67 | 0.66 | 0.72 | 55 | Technology Equities, S&P 500 | EQQJ.DE vs QDVE.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.72 | 0.73 | 0.78 | 69 | Nasdaq-100 | EQQJ.DE vs EQQQ.DE | |
| Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | 0.73 | 0.76 | — | 68 | Global Equities | EQQJ.DE vs FWEA.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | 0.74 | 0.76 | 0.78 | 86 | S&P 500 | EQQJ.DE vs 5ESG.DE |
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