Looking to diversify beyond NVDQ? The ETFs below have historically moved differently from NVDQ, 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 NVDQ
1657 ETFs have low correlation with NVDQ (below 0.3), 1479 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.84 | — | — | 56 | Leveraged Equities, Semiconductors | NVDQ vs USD | |
| SoFi Select 500 ETF | -0.74 | — | — | 59 | Large Cap Growth Equities | NVDQ vs SFY | |
| Columbia Select Technology ETF | -0.72 | — | — | 56 | Semiconductors, Technology Equities | NVDQ vs SEMI | |
| SP Funds S&P 500 Sharia Industry Exclusions ETF | -0.72 | — | — | 66 | S&P 500 | NVDQ vs SPUS | |
| iShares U.S. Technology ETF | -0.72 | — | — | 58 | Technology Equities | NVDQ vs IYW |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NVDQ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.99 | — | — | 59 | Technology |
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