Looking to balance out your exposure to DQ? The ETFs below have the lowest correlation with DQ — they tend to move on their own, which can help reduce risk when DQ drops. The stock ideas table highlights individual companies that behave independently from DQ.
Best Diversifiers for DQ
0 ETFs have low correlation with DQ (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.33, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.33 | 0.32 | 0.34 | 70 | S&P 500 | DQ vs VOO | |
| State Street SPDR S&P 500 ETF | 0.33 | 0.32 | 0.34 | 70 | S&P 500 | DQ vs SPY | |
| Invesco QQQ ETF | 0.36 | 0.32 | 0.35 | 73 | Nasdaq-100 | DQ vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DQ and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.01, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 0.01 | 0.03 | 0.03 | 72 | Healthcare | |
| Astera Labs, Inc. | 0.14 | — | — | 89 | Technology | |
| Entegris, Inc. | 0.28 | 0.34 | 0.34 | 81 | Technology |
Build a portfolio that complements DQ
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