Looking to diversify beyond QQQY.L? The ETFs below have the lowest correlation with QQQY.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 QQQY.L.
Best Diversifiers for QQQY.L
6 ETFs have low correlation with QQQY.L (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x BP ETP GBX | -0.19 | — | — | 61 | Leveraged Equities | QQQY.L vs 3BP.L | |
| Leverage Shares 3x Long Oil & Gas ETP Securities G... | -0.18 | — | — | 56 | Leveraged Equities | QQQY.L vs 3XLE.L | |
| Leverage Shares 3x Apple ETP Securities GBP | 0.14 | — | — | 57 | Leveraged Equities | QQQY.L vs 3AAP.L | |
| Leverage Shares 3x Apple ETC EUR | 0.15 | — | — | 63 | Leveraged Equities | QQQY.L vs 3APE.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.29 | — | — | 96 | Leveraged Equities | QQQY.L vs 3GOO.L |
See all 45 diversifiers for QQQY.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements QQQY.L
Add QQQY.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QQQY.L