Looking to diversify beyond QLTY? The ETFs below have the lowest correlation with QLTY — 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 QLTY.
Best Diversifiers for QLTY
245 ETFs have low correlation with QLTY (below 0.3), 61 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.32 | -0.32 | 57 | Cryptocurrency | QLTY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | QLTY vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 68 | Inverse Equities, Leveraged Equities | QLTY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 70 | Derivative Income | QLTY vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.33 | — | — | 51 | Currency | QLTY vs UUP |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QLTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QLTY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Golar LNG Limited | -0.03 | — | — | 71 | Energy |
Build a portfolio that complements QLTY
Add QLTY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QLTY