Looking to diversify beyond QMID? The ETFs below have the lowest correlation with QMID — 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 QMID.
Best Diversifiers for QMID
165 ETFs have low correlation with QMID (below 0.3), 31 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 -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.40 | -0.40 | 57 | Cryptocurrency | QMID vs BITI | |
| Invesco DB Energy Fund | -0.30 | — | — | 53 | Oil & Gas | QMID vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.20 | — | — | 51 | Commodities | QMID vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | QMID vs IBIC | |
| Invesco DB Commodity Index Tracking Fund | -0.17 | 0.03 | 0.03 | 54 | Commodities | QMID vs DBC |
See all 1129 diversifiers for QMID
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