Looking to diversify beyond NADQ.DE? The ETFs below have the lowest correlation with NADQ.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 NADQ.DE.
Best Diversifiers for NADQ.DE
0 ETFs have low correlation with NADQ.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) (Nasdaq-100) with a 1Y correlation of 0.63, roughly unchanged from 0.68 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.63 | 0.68 | — | 57 | Nasdaq-100, Options Trading | NADQ.DE vs QYLE.DE | |
| First Trust Vest Nasdaq-100 Moderate Buffer UCITS ... | 0.80 | — | — | 63 | Nasdaq-100, Defined Outcome | NADQ.DE vs FTGQ.DE | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.82 | — | — | 67 | Nasdaq-100, Derivative Income | NADQ.DE vs JEQP.DE | |
| Amundi Prime All Country World UCITS ETF Acc EUR | 0.83 | — | — | 75 | Global Equities | NADQ.DE vs WEBN.DE | |
| iShares Edge MSCI USA Momentum Factor UCITS ETF | 0.84 | 0.87 | 0.77 | 65 | Momentum, Large Cap Growth Equities | NADQ.DE vs QDVA.DE |
See all 27 diversifiers for NADQ.DE
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