Looking to diversify beyond QQQD? The ETFs below have the lowest correlation with QQQD — 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 QQQD.
Best Diversifiers for QQQD
1453 ETFs have low correlation with QQQD (below 0.3), 1395 of which are negatively correlated. The least correlated is iShares S&P 100 ETF (OEF) (Large Cap Blend Equities) with a 1Y correlation of -0.89, roughly unchanged from -0.88 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 100 ETF | -0.89 | -0.88 | -0.88 | 51 | Large Cap Blend Equities | QQQD vs OEF | |
| Fidelity Nasdaq Composite Index ETF | -0.89 | — | — | 54 | Large Cap Growth Equities | QQQD vs ONEQ | |
| Vanguard Mega Cap ETF | -0.86 | -0.86 | -0.86 | 57 | Large Cap Blend Equities | QQQD vs MGC | |
| iShares Russell Top 200 ETF | -0.86 | -0.85 | -0.85 | 55 | Large Cap Growth Equities | QQQD vs IWL | |
| Bridges Capital Tactical ETF | -0.84 | -0.77 | -0.77 | 62 | Large Cap Blend Equities | QQQD vs BDGS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QQQD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QQQD and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | -0.46 | — | — | 87 | Technology | |
| Marvell Technology, Inc. | -0.37 | -0.46 | -0.46 | 96 | Technology | |
| Verizon Communications Inc. | 0.22 | 0.22 | 0.22 | 66 | Communication Services | |
| Exxon Mobil Corporation | 0.26 | — | — | 72 | Energy |
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