Looking to diversify beyond LQQ3.L? The ETFs below have the lowest correlation with LQQ3.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 LQQ3.L.
Best Diversifiers for LQQ3.L
1 ETFs have low correlation with LQQ3.L (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 3x Long Moderna (MRNA) ETP Securities (MRN3.L) (Leveraged Equities) with a 1Y correlation of 0.23, roughly unchanged from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Long Moderna (MRNA) ETP Securit... | 0.23 | 0.21 | — | 57 | Leveraged Equities | LQQ3.L vs MRN3.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.43 | 0.55 | 0.67 | 95 | Leveraged Equities | LQQ3.L vs 3GOO.L | |
| WisdomTree EURO STOXX Banks 3x Daily Leveraged | 0.43 | 0.34 | 0.37 | 72 | Leveraged Equities | LQQ3.L vs 3BAL.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.44 | 0.55 | 0.66 | 94 | Leveraged Equities | LQQ3.L vs 3GOE.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.51 | 0.54 | — | 92 | Nasdaq-100, Options Trading | LQQ3.L vs QYLP.L |
See all 37 diversifiers for LQQ3.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LQQ3.L
Add LQQ3.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LQQ3.L