Looking to balance out your exposure to QQ.L? The ETFs below have the lowest correlation with QQ.L — they tend to move on their own, which can help reduce risk when QQ.L drops. The stock ideas table highlights individual companies that behave independently from QQ.L.
No Diversifiers Found for QQ.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QQ.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QQ.L and solid risk/return profiles. The least correlated is Senior PLC (SNR.L) (Industrials) with a 1Y correlation of 0.23, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Senior PLC | 0.23 | 0.28 | 0.26 | 89 | Industrials | |
| Smiths Group PLC | 0.30 | 0.32 | 0.28 | 59 | Industrials | |
| Serco Group | 0.36 | 0.31 | 0.27 | 80 | Industrials | |
| Rolls-Royce Holdings PLC | 0.43 | 0.38 | 0.33 | 75 | Industrials |
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