Looking to diversify beyond QQQO.L? The ETFs below have the lowest correlation with QQQO.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 QQQO.L.
Best Diversifiers for QQQO.L
0 ETFs have low correlation with QQQO.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| IncomeShares Alphabet (GOOG) Options ETP GBP | 0.37 | — | — | 89 | Derivative Income | QQQO.L vs GOOO.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.38 | — | — | 84 | Derivative Income | QQQO.L vs GOOI.L | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.56 | — | — | 77 | Nasdaq-100, Derivative Income | QQQO.L vs JEPQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.58 | — | — | 73 | Nasdaq-100 | QQQO.L vs EQGB.L | |
| Leverage Shares 5x Long Nasdaq 100 ETP Securities | 0.60 | — | — | 63 | Nasdaq-100, Leveraged Equities | QQQO.L vs 5QQQ.L |
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