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
350 ETFs have low correlation with QDTE (below 0.3), 78 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | — | — | 57 | Cryptocurrency | QDTE vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.48 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | QDTE vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 68 | Inverse Equities, Leveraged Equities | QDTE vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 70 | Derivative Income | QDTE vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.25 | — | — | 51 | Currency | QDTE vs UUP |
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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 Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.35, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.35 | -0.08 | -0.08 | 53 | Industrials | |
| Altria Group, Inc. | -0.32 | -0.22 | -0.22 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.29 | -0.21 | -0.21 | 66 | Utilities | |
| Chubb Limited | -0.29 | -0.11 | -0.11 | 86 | Financial Services | |
| The Coca-Cola Company | -0.26 | -0.15 | -0.15 | 83 | Consumer Defensive |
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Build a portfolio that complements QDTE
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Analyze a portfolio with QDTE