Looking to balance out your exposure to QUBT? The ETFs below have the lowest correlation with QUBT — they tend to move on their own, which can help reduce risk when QUBT drops. The stock ideas table highlights individual companies that behave independently from QUBT.
Best Diversifiers for QUBT
78 ETFs have low correlation with QUBT (below 0.3), 8 of which are negatively correlated. The least correlated is Vanguard Short-Term Treasury ETF (VGSH) (Government Bonds) with a 1Y correlation of -0.02, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Treasury ETF | -0.02 | -0.06 | -0.03 | 84 | Government Bonds, Short-Term Bond | QUBT vs VGSH | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.02 | -0.07 | -0.02 | 100 | Government Bonds, Ultrashort Bond | QUBT vs BIL | |
| WisdomTree Floating Rate Treasury Fund | -0.02 | -0.00 | -0.02 | 100 | Government Bonds, Ultrashort Bond | QUBT vs USFR | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.02 | -0.03 | 0.03 | 89 | Inflation-Protected Bonds | QUBT vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.01 | -0.02 | 0.03 | 90 | Inflation-Protected Bonds | QUBT vs STIP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QUBT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QUBT and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.17, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.17 | -0.06 | -0.02 | 76 | Consumer Defensive | |
| Duke Energy Corporation | -0.15 | -0.09 | -0.06 | 67 | Utilities | |
| Coca-Cola Consolidated, Inc. | -0.13 | -0.02 | 0.04 | 85 | Consumer Defensive | |
| Chubb Limited | -0.12 | -0.07 | 0.04 | 73 | Financial Services | |
| The TJX Companies, Inc. | -0.10 | 0.02 | 0.12 | 83 | Consumer Cyclical |
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