Looking to diversify beyond QQMG? The ETFs below have the lowest correlation with QQMG — 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 QQMG.
Best Diversifiers for QQMG
327 ETFs have low correlation with QQMG (below 0.3), 82 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.07 | 0.03 | 71 | Oil & Gas | QQMG vs DBE | |
| United States Oil Fund LP | -0.28 | -0.07 | — | 66 | Oil & Gas | QQMG vs USO | |
| United States Brent Oil Fund LP | -0.26 | -0.06 | — | 65 | Oil & Gas | QQMG vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | -0.06 | -0.06 | 56 | Derivative Income | QQMG vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | -0.03 | — | 55 | Oil & Gas | QQMG vs OILK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QQMG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QQMG and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.47, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.47 | 0.55 | 0.69 | 89 | Technology | |
| Dell Technologies Inc. | 0.47 | 0.52 | 0.56 | 96 | Technology | |
| Caterpillar Inc. | 0.49 | 0.49 | 0.46 | 98 | Industrials |
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