Looking to diversify beyond QCLN.DE? The ETFs below have the lowest correlation with QCLN.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 QCLN.DE.
Best Diversifiers for QCLN.DE
9 ETFs have low correlation with QCLN.DE (below 0.3), 1 of which are negatively correlated. The least correlated is HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) (Energy Equities) with a 1Y correlation of -0.06, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf Alerian Midstream Energy Dividend UCITS ETF | -0.06 | 0.14 | 0.25 | 57 | Energy Equities | QCLN.DE vs JMLP.DE | |
| Amundi S&P Global Energy Carbon Reduced UCITS ETF ... | 0.01 | 0.19 | — | 59 | Energy Equities | QCLN.DE vs WELN.DE | |
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | 0.04 | 0.20 | 0.21 | 57 | Health & Biotech Equities, Equal Weight | QCLN.DE vs WELP.DE | |
| iShares STOXX Europe 600 Oil & Gas UCITS ETF (DE) | 0.22 | 0.29 | 0.32 | 75 | Energy Equities | QCLN.DE vs EXH1.DE | |
| Amundi Global BioEnergy ESG Screened UCITS ETF EUR... | 0.22 | 0.39 | 0.35 | 86 | Energy Equities | QCLN.DE vs WDNR.DE |
See all 22 diversifiers for QCLN.DE
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