Looking to diversify beyond QTOP? The ETFs below have the lowest correlation with QTOP — 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 QTOP.
Best Diversifiers for QTOP
75 ETFs have low correlation with QTOP (below 0.3), 24 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.24 | — | — | 51 | Currency | QTOP vs UUP | |
| iShares Core High Dividend ETF | -0.19 | — | — | 78 | Dividend, Large Cap Value Equities | QTOP vs HDV | |
| State Street Energy Select Sector SPDR ETF | -0.18 | — | — | 50 | Energy Equities | QTOP vs XLE | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.18 | — | — | 76 | Large Cap Value Equities, Dividend | QTOP vs FDL | |
| Global X MLP & Energy Infrastructure ETF | -0.17 | — | — | 72 | MLPs | QTOP vs MLPX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QTOP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QTOP and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.36, down from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.36 | -0.21 | -0.21 | 86 | Financial Services | |
| Waste Management, Inc. | -0.35 | -0.15 | -0.15 | 53 | Industrials | |
| Altria Group, Inc. | -0.31 | -0.26 | -0.26 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.30 | -0.25 | -0.25 | 66 | Utilities | |
| Verizon Communications Inc. | -0.27 | -0.23 | -0.23 | 57 | Communication Services |
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