Looking to diversify beyond QYLD? The ETFs below have the lowest correlation with QYLD — 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 QYLD.
Best Diversifiers for QYLD
257 ETFs have low correlation with QYLD (below 0.3), 29 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.22 | -0.05 | 0.04 | 55 | Oil & Gas | QYLD vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | QYLD vs IBIC | |
| ProShares UltraShort Yen | -0.15 | -0.02 | -0.01 | 63 | Leveraged Currency | QYLD vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 98 | Ultrashort Bond | QYLD vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | — | — | 95 | Inflation-Protected Bonds | QYLD vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QYLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QYLD and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.22, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.22 | -0.03 | 0.12 | 69 | Financial Services | |
| Duke Energy Corporation | -0.22 | -0.10 | 0.01 | 62 | Utilities | |
| Altria Group, Inc. | -0.22 | -0.08 | 0.03 | 72 | Consumer Defensive | |
| The Southern Company | -0.20 | -0.09 | 0.03 | 55 | Utilities | |
| Chevron Corporation | -0.18 | 0.00 | 0.14 | 70 | Energy |
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Build a portfolio that complements QYLD
Add QYLD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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