Looking to diversify beyond QDTY? The ETFs below have the lowest correlation with QDTY — 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 QDTY.
Best Diversifiers for QDTY
360 ETFs have low correlation with QDTY (below 0.3), 77 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.45 | -0.45 | 52 | Cryptocurrency, Leveraged Cryptocurrency | QDTY vs SBIT | |
| ProShares Short Bitcoin ETF | -0.43 | -0.44 | -0.44 | 57 | Cryptocurrency | QDTY vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | QDTY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | QDTY vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.23 | — | — | 51 | Currency | QDTY vs UUP |
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