Looking to diversify beyond EQQJ.L? The ETFs below have the lowest correlation with EQQJ.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 EQQJ.L.
Best Diversifiers for EQQJ.L
0 ETFs have low correlation with EQQJ.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco European Banks Sector UCITS ETF (X7PP.L) (Financials Equities) with a 1Y correlation of 0.50, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco European Banks Sector UCITS ETF | 0.50 | 0.51 | 0.52 | 56 | Financials Equities | EQQJ.L vs X7PP.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.65 | 0.65 | 0.71 | 73 | Nasdaq-100 | EQQJ.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.67 | 0.63 | 0.71 | 73 | Technology Equities | EQQJ.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.71 | 0.68 | 0.76 | 78 | Nasdaq-100 | EQQJ.L vs EQQQ.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.71 | — | — | 86 | Global Equities | EQQJ.L vs FWRG.L |
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