Looking to diversify beyond QTEC? The ETFs below have the lowest correlation with QTEC — 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 QTEC.
Best Diversifiers for QTEC
381 ETFs have low correlation with QTEC (below 0.3), 68 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 70 | Inverse Equities, Leveraged Equities | QTEC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.46 | -0.34 | — | 52 | Cryptocurrency | QTEC vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 73 | Derivative Income | QTEC vs WNTR | |
| Tortoise North American Pipeline Fund | -0.17 | 0.11 | 0.25 | 80 | Energy Equities | QTEC vs TPYP | |
| Franklin U.S. Low Volatility High Dividend Index E... | -0.16 | 0.06 | 0.23 | 60 | Dividend | QTEC vs LVHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QTEC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QTEC and solid risk/return profiles. The least correlated is NextEra Energy, Inc. (NEE) (Utilities) with a 1Y correlation of -0.04, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NextEra Energy, Inc. | -0.04 | -0.00 | 0.16 | 73 | Utilities | |
| Pfizer Inc. | 0.04 | 0.08 | 0.13 | 56 | Healthcare | |
| Prologis, Inc. | 0.10 | 0.24 | 0.35 | 90 | Real Estate | |
| MSCI Inc. | 0.19 | 0.32 | 0.54 | 59 | Financial Services | |
| Thermo Fisher Scientific Inc. | 0.20 | 0.27 | 0.40 | 70 | Healthcare |
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