Looking to diversify beyond QMOM? The ETFs below have the lowest correlation with QMOM — 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 QMOM.
Best Diversifiers for QMOM
332 ETFs have low correlation with QMOM (below 0.3), 62 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 68 | Inverse Equities, Leveraged Equities | QMOM vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.38 | -0.38 | 52 | Cryptocurrency, Leveraged Cryptocurrency | QMOM vs SBIT | |
| ProShares Short Bitcoin ETF | -0.41 | -0.33 | -0.34 | 57 | Cryptocurrency | QMOM vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 70 | Derivative Income | QMOM vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.25 | -0.21 | -0.27 | 51 | Currency | QMOM vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QMOM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QMOM and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.24, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.24 | 0.04 | 0.16 | 53 | Industrials | |
| The Coca-Cola Company | -0.22 | -0.05 | 0.09 | 83 | Consumer Defensive | |
| PepsiCo, Inc. | -0.20 | -0.07 | 0.05 | 53 | Consumer Defensive | |
| Duke Energy Corporation | -0.20 | -0.05 | 0.03 | 66 | Utilities | |
| Altria Group, Inc. | -0.20 | -0.04 | 0.10 | 81 | Consumer Defensive |
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