Looking to diversify beyond QQUP? The ETFs below have historically moved differently from QQUP, 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 QQUP
505 ETFs have low correlation with QQUP (below 0.3), 135 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 | -0.47 | — | — | 75 | Derivative Income | QQUP vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 61 | Inverse Equities, Leveraged Equities | QQUP vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | QQUP vs SBIT | |
| ProShares Short Bitcoin ETF | -0.45 | — | — | 61 | Cryptocurrency | QQUP vs BITI | |
| YieldMax XOM Option Income Strategy ETF | -0.29 | — | — | 51 | Derivative Income, Dividend | QQUP vs XOMO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for QQUP, 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 Fortinet, Inc. (FTNT) (Technology) with a 1Y correlation of 0.32, roughly unchanged from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fortinet, Inc. | 0.32 | 0.33 | 0.33 | 81 | Technology | |
| IES Holdings, Inc. | 0.38 | 0.38 | 0.38 | 86 | Industrials | |
| Comfort Systems USA, Inc. | 0.46 | 0.46 | 0.46 | 95 | Industrials | |
| Advanced Micro Devices, Inc. | 0.50 | — | — | 94 | Technology | |
| Alphabet Inc. Class A | 0.61 | — | — | 95 | Communication Services |
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