Looking to diversify beyond IQDF? The ETFs below have the lowest correlation with IQDF — 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 IQDF.
Best Diversifiers for IQDF
271 ETFs have low correlation with IQDF (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.26 | -0.22 | 75 | Leveraged Currency | IQDF vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | -0.34 | -0.34 | 53 | Inverse Equities | IQDF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | -0.34 | -0.34 | 60 | Inverse Equities, Leveraged Equities | IQDF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | IQDF vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 51 | Multistrategy | IQDF vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IQDF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IQDF and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of 0.01, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | 0.01 | 0.23 | 0.34 | 83 | Energy | |
| Realty Income Corporation | 0.13 | 0.22 | 0.30 | 72 | Real Estate | |
| Cohen & Steers Quality Income Realty Fund, Inc. | 0.34 | 0.43 | 0.50 | 60 | Financial Services | |
| Cohen & Steers Infrastructure Fund, Inc | 0.39 | 0.39 | 0.44 | 71 | Financial Services |
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