Looking to diversify beyond XLFQ.L? The ETFs below have the lowest correlation with XLFQ.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 XLFQ.L.
Best Diversifiers for XLFQ.L
2 ETFs have low correlation with XLFQ.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) (Nasdaq-100) with a 1Y correlation of 0.27, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.27 | 0.28 | 0.37 | 73 | Nasdaq-100 | XLFQ.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.29 | 0.30 | 0.41 | 73 | Technology Equities | XLFQ.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.35 | 0.38 | 0.47 | 78 | Nasdaq-100 | XLFQ.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.36 | 0.39 | 0.48 | 75 | Nasdaq-100 | XLFQ.L vs EQQU.L | |
| iShares Edge MSCI World Momentum Factor UCITS ETF ... | 0.37 | 0.46 | 0.58 | 72 | Momentum, Global Equities | XLFQ.L vs IWFM.L |
See all 15 diversifiers for XLFQ.L
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