Looking to diversify beyond MQQQ? The ETFs below have historically moved differently from MQQQ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MQQQ
421 ETFs have low correlation with MQQQ (below 0.3), 95 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 61 | Inverse Equities, Leveraged Equities | MQQQ vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.49 | — | — | 61 | Cryptocurrency | MQQQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.49 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | MQQQ vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.48 | — | — | 75 | Derivative Income | MQQQ vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.33 | — | — | 56 | Options Trading | MQQQ vs CAOS |
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