Looking to balance out your exposure to ARQQ? The ETFs below have the lowest correlation with ARQQ — they tend to move on their own, which can help reduce risk when ARQQ drops. The stock ideas table highlights individual companies that behave independently from ARQQ.
Best Diversifiers for ARQQ
0 ETFs have low correlation with ARQQ (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.37, roughly unchanged from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.37 | 0.30 | — | 96 | Semiconductors, Technology Equities | ARQQ vs SMH | |
| iShares Expanded Tech Sector ETF | 0.47 | 0.35 | — | 79 | Technology Equities | ARQQ vs IGM | |
| State Street SPDR S&P 500 ETF | 0.47 | 0.34 | — | 70 | S&P 500 | ARQQ vs SPY | |
| Invesco DWA Technology Momentum ETF | 0.53 | 0.41 | — | 82 | Momentum, Technology Equities | ARQQ vs PTF | |
| Spear Alpha ETF | 0.57 | 0.42 | — | 71 | Technology Equities | ARQQ vs SPRX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARQQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARQQ and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.15 | 0.01 | 0.02 | 63 | Consumer Defensive | |
| Verizon Communications Inc. | -0.14 | -0.04 | 0.00 | 59 | Communication Services | |
| Duke Energy Corporation | -0.14 | -0.09 | -0.06 | 53 | Utilities | |
| Coca-Cola Consolidated, Inc. | -0.13 | 0.02 | 0.08 | 80 | Consumer Defensive | |
| Johnson & Johnson | -0.12 | -0.02 | -0.00 | 92 | Healthcare |
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