Looking to diversify beyond QQQ? The ETFs below have the lowest correlation with QQQ — 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 QQQ.
Best Diversifiers for QQQ
270 ETFs have low correlation with QQQ (below 0.3), 38 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | QQQ vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 98 | Ultrashort Bond | QQQ vs BAMU | |
| United States Gasoline Fund LP | -0.18 | -0.04 | 0.04 | 55 | Oil & Gas | QQQ vs UGA | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 95 | Inflation-Protected Bonds | QQQ vs IBID | |
| VanEck Energy Income ETF | -0.14 | 0.14 | 0.27 | 64 | Energy Equities | QQQ vs EINC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QQQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QQQ and solid risk/return profiles. The least correlated is Consolidated Edison, Inc. (ED) (Utilities) with a 1Y correlation of -0.41, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Consolidated Edison, Inc. | -0.41 | -0.22 | -0.05 | 61 | Utilities | |
| Duke Energy Corporation | -0.31 | -0.18 | -0.02 | 62 | Utilities | |
| Altria Group, Inc. | -0.30 | -0.12 | 0.00 | 72 | Consumer Defensive | |
| Chubb Limited | -0.28 | -0.07 | 0.12 | 69 | Financial Services | |
| Equinor ASA | -0.25 | -0.02 | 0.06 | 66 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements QQQ
Add QQQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QQQ