Looking to diversify beyond WQDA.AS? The ETFs below have the lowest correlation with WQDA.AS — 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 WQDA.AS.
Best Diversifiers for WQDA.AS
0 ETFs have low correlation with WQDA.AS (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Euro Dividend UCITS ETF (IDVY.AS) (Europe Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Euro Dividend UCITS ETF | 0.59 | 0.57 | 0.61 | 68 | Europe Equities | WQDA.AS vs IDVY.AS | |
| iShares MSCI World Information Technology Sector E... | 0.64 | 0.64 | 0.68 | 52 | Technology Equities | WQDA.AS vs WITS.AS | |
| iShares NASDAQ 100 UCITS ETF | 0.64 | 0.64 | 0.68 | 76 | Nasdaq-100 | WQDA.AS vs CNDX.AS | |
| iShares Core S&P 500 UCITS ETF | 0.69 | 0.73 | 0.76 | 76 | S&P 500 | WQDA.AS vs CSPX.AS | |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.72 | 0.73 | 0.73 | 56 | Europe Equities | WQDA.AS vs IMAE.AS |
See all 7 diversifiers for WQDA.AS
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