Looking to balance out your exposure to QFIN? The ETFs below have the lowest correlation with QFIN — they tend to move on their own, which can help reduce risk when QFIN drops. The stock ideas table highlights individual companies that behave independently from QFIN.
Best Diversifiers for QFIN
8 ETFs have low correlation with QFIN (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Seix Senior Loan ETF (SEIX) (Bank Loan) with a 1Y correlation of 0.12, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 0.12 | 0.11 | 0.09 | 94 | Bank Loan | QFIN vs SEIX | |
| Global X SuperDividend U.S. ETF | 0.14 | 0.23 | 0.24 | 56 | Mid Cap Value Equities, Dividend | QFIN vs DIV | |
| VanEck Semiconductor ETF | 0.22 | 0.21 | 0.31 | 92 | Semiconductors, Technology Equities | QFIN vs SMH | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.22 | 0.21 | 0.31 | 94 | Leveraged Equities, Semiconductors | QFIN vs SOXL | |
| Vanguard International High Dividend Yield ETF | 0.22 | 0.34 | 0.39 | 73 | Dividend, Foreign Large Cap Equities | QFIN vs VYMI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QFIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QFIN and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.09, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.09 | 0.05 | 0.10 | 72 | Energy | |
| Walmart Inc. | -0.09 | 0.04 | 0.05 | 62 | Consumer Defensive | |
| Enbridge Inc. | -0.08 | 0.12 | 0.17 | 85 | Energy | |
| The Southern Company | -0.08 | 0.03 | 0.02 | 62 | Utilities | |
| Equinor ASA | -0.07 | 0.13 | 0.16 | 68 | Energy |
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