Looking to diversify beyond QYLG? The ETFs below have the lowest correlation with QYLG — 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 QYLG.
Best Diversifiers for QYLG
332 ETFs have low correlation with QYLG (below 0.3), 60 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.48, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | -0.48 | -0.48 | 68 | Inverse Equities, Leveraged Equities | QYLG vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.47 | -0.36 | -0.39 | 57 | Cryptocurrency | QYLG vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | -0.49 | -0.49 | 70 | Derivative Income | QYLG vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | QYLG vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.26 | -0.19 | -0.26 | 51 | Currency | QYLG vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QYLG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QYLG and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.33, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.33 | -0.12 | 0.00 | 81 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.21 | -0.06 | 0.09 | 75 | Energy | |
| Unum Group | 0.08 | 0.14 | 0.25 | 63 | Financial Services | |
| Starbucks Corporation | 0.19 | 0.26 | 0.42 | 62 | Consumer Cyclical | |
| Orchid Island Capital, Inc. | 0.30 | 0.40 | 0.43 | 63 | Real Estate |
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