Looking to diversify beyond QQQM? The ETFs below have the lowest correlation with QQQM — 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 QQQM.
Best Diversifiers for QQQM
316 ETFs have low correlation with QQQM (below 0.3), 79 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.07 | 0.02 | 66 | Oil & Gas | QQQM vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.08 | 0.04 | 71 | Oil & Gas | QQQM vs DBE | |
| United States Brent Oil Fund LP | -0.29 | -0.07 | 0.03 | 65 | Oil & Gas | QQQM vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | QQQM vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | -0.03 | 0.04 | 55 | Oil & Gas | QQQM vs OILK |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QQQM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QQQM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.28, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.28 | -0.10 | 0.01 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.27 | -0.16 | -0.01 | 53 | Utilities | |
| Exxon Mobil Corporation | -0.23 | -0.06 | 0.08 | 85 | Energy | |
| Chevron Corporation | -0.21 | -0.02 | 0.12 | 83 | Energy | |
| ConocoPhillips Company | -0.19 | -0.01 | 0.11 | 76 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements QQQM
Add QQQM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QQQM