Looking to diversify beyond QAI? The ETFs below have the lowest correlation with QAI — 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 QAI.
Best Diversifiers for QAI
248 ETFs have low correlation with QAI (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.49, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.49 | -0.42 | -0.41 | 53 | Cryptocurrency | QAI vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 65 | Inverse Equities, Leveraged Equities | QAI vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | QAI vs WNTR | |
| Invesco DB Energy Fund | -0.21 | -0.02 | 0.11 | 57 | Oil & Gas | QAI vs DBE | |
| ProShares UltraShort Yen | -0.17 | -0.09 | -0.15 | 72 | Leveraged Currency | QAI vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QAI and solid risk/return profiles. The least correlated is Everest Group Ltd (EG) (Financial Services) with a 1Y correlation of 0.02, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Everest Group Ltd | 0.02 | 0.17 | 0.23 | 59 | Financial Services |
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