Looking to diversify beyond MQQQ? The ETFs below have the lowest correlation with MQQQ — 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 MQQQ.
Best Diversifiers for MQQQ
317 ETFs have low correlation with MQQQ (below 0.3), 80 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | — | — | 71 | Oil & Gas | MQQQ vs DBE | |
| United States Oil Fund LP | -0.30 | — | — | 66 | Oil & Gas | MQQQ vs USO | |
| United States Brent Oil Fund LP | -0.28 | — | — | 65 | Oil & Gas | MQQQ vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | MQQQ vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.25 | -0.07 | -0.07 | 56 | Oil & Gas | MQQQ vs OILK |
See all 1664 diversifiers for MQQQ
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