Looking to diversify beyond GQGU? The ETFs below have the lowest correlation with GQGU — 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 GQGU.
Best Diversifiers for GQGU
1931 ETFs have low correlation with GQGU (below 0.3), 1403 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.40 | -0.40 | -0.40 | 89 | Leveraged Equities, Semiconductors | GQGU vs USD | |
| First Trust Bloomberg Artificial Intelligence ETF | -0.39 | -0.39 | -0.39 | 70 | Technology Equities | GQGU vs FAI | |
| Strive U.S. Semiconductor ETF | -0.38 | -0.38 | -0.38 | 95 | Semiconductors, Technology Equities | GQGU vs SHOC | |
| Columbia Select Technology ETF | -0.37 | -0.37 | -0.37 | 81 | Semiconductors, Technology Equities | GQGU vs SEMI | |
| MicroSectors FANG & Innovation 3X Leveraged ETNs | -0.36 | -0.36 | -0.36 | 59 | Leveraged Equities, Technology Equities | GQGU vs BULZ |
See all 1984 diversifiers for GQGU
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