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
106 ETFs have low correlation with QUBT (below 0.3), 8 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.06, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.06 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | QUBT vs USFR | |
| Vanguard Ultra-Short Treasury ETF | -0.06 | — | — | 100 | Ultrashort Bond, Government Bonds | QUBT vs VGUS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.04 | -0.07 | -0.02 | 100 | Government Bonds, Ultrashort Bond | QUBT vs BIL | |
| Franklin U.S. Low Volatility High Dividend Index E... | -0.02 | 0.04 | 0.08 | 60 | Dividend | QUBT vs LVHD | |
| iShares Core High Dividend ETF | -0.02 | 0.08 | 0.15 | 85 | Dividend, Large Cap Value Equities | QUBT vs HDV |
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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 -0.21, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.21 | -0.08 | -0.02 | 84 | Consumer Defensive | |
| Duke Energy Corporation | -0.19 | -0.11 | -0.07 | 64 | Utilities | |
| Waste Management, Inc. | -0.18 | -0.09 | -0.02 | 56 | Industrials | |
| Coca-Cola Consolidated, Inc. | -0.17 | -0.03 | 0.05 | 85 | Consumer Defensive | |
| Chubb Limited | -0.15 | -0.07 | 0.03 | 82 | Financial Services |
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