Looking to diversify beyond QQQY.DE? The ETFs below have the lowest correlation with QQQY.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 QQQY.DE.
Best Diversifiers for QQQY.DE
1 ETFs have low correlation with QQQY.DE (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Long Japan ETP Securities | 0.30 | — | — | 55 | Japan Equities, Leveraged Equities, Asia Pacific Equities | QQQY.DE vs 3JPN.DE | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.37 | — | — | 73 | Derivative Income | QQQY.DE vs IGOG.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.54 | — | — | 78 | S&P 500, Derivative Income | QQQY.DE vs XY7D.DE | |
| Leverage Shares 3x Long Taiwan ETP Securities | 0.59 | — | — | 94 | Leveraged Equities | QQQY.DE vs TAI3.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.63 | — | — | 89 | Nasdaq-100, Options Trading | QQQY.DE vs QYLE.DE |
See all 18 diversifiers for QQQY.DE
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