Looking to diversify beyond IQQQ? The ETFs below have the lowest correlation with IQQQ — 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 IQQQ.
Best Diversifiers for IQQQ
429 ETFs have low correlation with IQQQ (below 0.3), 87 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | — | — | 66 | Oil & Gas | IQQQ vs USO | |
| Invesco DB Energy Fund | -0.30 | — | — | 71 | Oil & Gas | IQQQ vs DBE | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | IQQQ vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | IQQQ vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | — | — | 55 | Oil & Gas | IQQQ vs OILK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IQQQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IQQQ and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.26, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.26 | -0.20 | -0.20 | 53 | Utilities | |
| Altria Group, Inc. | -0.22 | -0.15 | -0.15 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.20 | -0.04 | -0.04 | 85 | Energy | |
| Verizon Communications Inc. | -0.19 | -0.13 | -0.13 | 59 | Communication Services | |
| The Coca-Cola Company | -0.19 | -0.11 | -0.11 | 66 | Consumer Defensive |
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