Looking to balance out your exposure to Q? The ETFs below have the lowest correlation with Q — they tend to move on their own, which can help reduce risk when Q drops. The stock ideas table highlights individual companies that behave independently from Q.
Best Diversifiers for Q
1 ETFs have low correlation with Q (below 0.3), 0 of which are negatively correlated. The least correlated is VictoryShares Free Cash Flow ETF (VFLO) (Large Cap Value Equities) with a 1Y correlation of 0.28, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VictoryShares Free Cash Flow ETF | 0.28 | 0.28 | 0.28 | 89 | Large Cap Value Equities | Q vs VFLO | |
| Invesco NASDAQ 100 ETF | 0.64 | 0.64 | 0.64 | 59 | Nasdaq-100 | Q vs QQQM |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from Q, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to Q and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.20 | -0.20 | -0.20 | 81 | Consumer Defensive | |
| RTX Corporation | 0.14 | 0.14 | 0.14 | 81 | Industrials | |
| Tesla, Inc. | 0.39 | 0.39 | 0.39 | 63 | Consumer Cyclical | |
| Advanced Micro Devices, Inc. | 0.52 | 0.52 | 0.52 | 97 | Technology | |
| Constellium SE | 0.54 | 0.54 | 0.54 | 92 | Basic Materials |
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