Looking to diversify beyond QDTE? The ETFs below have the lowest correlation with QDTE — 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 QDTE.
Best Diversifiers for QDTE
322 ETFs have low correlation with QDTE (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 | -0.31 | — | — | 71 | Oil & Gas | QDTE vs DBE | |
| United States Oil Fund LP | -0.30 | — | — | 66 | Oil & Gas | QDTE vs USO | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | QDTE vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | QDTE vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | — | — | 55 | Oil & Gas | QDTE vs OILK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QDTE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QDTE and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.23, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.24 | -0.19 | -0.19 | 53 | Utilities | |
| Altria Group, Inc. | -0.23 | -0.15 | -0.15 | 69 | Consumer Defensive | |
| ConocoPhillips Company | -0.18 | -0.05 | -0.05 | 76 | Energy | |
| Exxon Mobil Corporation | -0.18 | -0.04 | -0.04 | 85 | Energy | |
| The Coca-Cola Company | -0.18 | -0.12 | -0.12 | 66 | Consumer Defensive |
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