Looking to diversify beyond QQQS? The ETFs below have the lowest correlation with QQQS — 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 QQQS.
Best Diversifiers for QQQS
280 ETFs have low correlation with QQQS (below 0.3), 74 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.32, down from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.32 | -0.07 | — | 66 | Oil & Gas | QQQS vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.08 | — | 71 | Oil & Gas | QQQS vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | QQQS vs USOY | |
| United States Brent Oil Fund LP | -0.29 | -0.06 | — | 65 | Oil & Gas | QQQS vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.04 | — | 55 | Oil & Gas | QQQS vs OILK |
See all 1598 diversifiers for QQQS
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