Looking to diversify beyond QQQ? The ETFs below have historically moved differently from QQQ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for QQQ
376 ETFs have low correlation with QQQ (below 0.3), 77 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.48 | — | — | 58 | Derivative Income | QQQ vs WNTR | |
| Invesco DB Energy Fund | -0.24 | -0.07 | 0.03 | 54 | Oil & Gas | QQQ vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | QQQ vs IBIC | |
| iShares Core High Dividend ETF | -0.20 | 0.07 | 0.29 | 87 | Dividend, Large Cap Value Equities | QQQ vs HDV | |
| VanEck Energy Income ETF | -0.20 | 0.12 | 0.25 | 67 | Energy Equities | QQQ vs EINC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for QQQ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Consolidated Edison, Inc. (ED) (Utilities) with a 1Y correlation of -0.46, down from -0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Consolidated Edison, Inc. | -0.46 | -0.25 | -0.06 | 56 | Utilities | |
| Chubb Limited | -0.38 | -0.11 | 0.09 | 87 | Financial Services | |
| Altria Group, Inc. | -0.37 | -0.16 | -0.02 | 63 | Consumer Defensive | |
| RenaissanceRe Holdings Ltd. | -0.32 | -0.03 | 0.09 | 83 | Financial Services | |
| W. R. Berkley Corporation | -0.31 | -0.08 | 0.08 | 50 | Financial Services |
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