Looking to diversify beyond GQQQ? The ETFs below have the lowest correlation with GQQQ — 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 GQQQ.
Best Diversifiers for GQQQ
425 ETFs have low correlation with GQQQ (below 0.3), 78 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.44 | -0.44 | 57 | Cryptocurrency | GQQQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GQQQ vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 68 | Inverse Equities, Leveraged Equities | GQQQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 60 | Inverse Equities | GQQQ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | GQQQ vs WNTR |
See all 2036 diversifiers for GQQQ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GQQQ
Add GQQQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GQQQ