Looking to diversify beyond QCLN.L? The ETFs below have the lowest correlation with QCLN.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 QCLN.L.
Best Diversifiers for QCLN.L
16 ETFs have low correlation with QCLN.L (below 0.3), 12 of which are negatively correlated. The least correlated is SPDR S&P US Energy Select Sector UCITS ETF (GXLE.L) (Energy Equities) with a 1Y correlation of -0.07, down from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Energy Select Sector UCITS ETF | -0.07 | 0.14 | — | 56 | Energy Equities | QCLN.L vs GXLE.L | |
| Xtrackers MSCI USA Energy UCITS ETF 1D | -0.07 | 0.14 | 0.19 | 54 | Energy Equities | QCLN.L vs XSEN.L | |
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.06 | 0.14 | 0.18 | 78 | Energy Equities | QCLN.L vs ESIE.L | |
| Invesco US Energy Sector UCITS ETF | -0.05 | 0.14 | 0.20 | 57 | Energy Equities | QCLN.L vs XLEP.L | |
| Invesco S&P World Energy Targeted & Screened UCITS... | -0.05 | 0.19 | — | 66 | Energy Equities | QCLN.L vs WDEE.L |
See all 39 diversifiers for QCLN.L
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