Looking to diversify beyond SMQ? The ETFs below have the lowest correlation with SMQ — 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 SMQ.
Best Diversifiers for SMQ
1 ETFs have low correlation with SMQ (below 0.3), 1 of which are negatively correlated. The least correlated is Tradr 2X Long Triple Q Quarterly ETF (QQQP) (Leveraged Equities) with a 1Y correlation of -0.99, roughly unchanged from -0.99 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tradr 2X Long Triple Q Quarterly ETF | -0.99 | -0.99 | -0.99 | 54 | Leveraged Equities | SMQ vs QQQP |
Diversification Analysis
Build a portfolio that complements SMQ
Add SMQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SMQ