Looking to diversify beyond SOXQ? The ETFs below have historically moved differently from SOXQ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SOXQ
435 ETFs have low correlation with SOXQ (below 0.3), 89 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.37 | — | — | 63 | Derivative Income | SOXQ vs WNTR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | — | — | 96 | Inflation-Protected Bonds | SOXQ vs IBID | |
| iShares 0-3 Month Treasury Bond ETF | -0.18 | -0.06 | -0.02 | 100 | Ultrashort Bond | SOXQ vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.11 | -0.05 | 100 | Government Bonds, Ultrashort Bond | SOXQ vs USFR | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.17 | 0.10 | 0.12 | 66 | Derivative Income | SOXQ vs DOGG |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SOXQ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.37, down from -0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.37 | -0.21 | -0.08 | 64 | Consumer Defensive | |
| Chubb Limited | -0.34 | -0.12 | 0.03 | 86 | Financial Services | |
| Colgate-Palmolive Company | -0.34 | -0.21 | -0.08 | 59 | Consumer Defensive | |
| The Coca-Cola Company | -0.31 | -0.18 | -0.01 | 86 | Consumer Defensive | |
| Verizon Communications Inc. | -0.30 | -0.17 | -0.06 | 63 | Communication Services |
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