Looking to diversify beyond SQMX? The ETFs below have the lowest correlation with SQMX — 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 SQMX.
Best Diversifiers for SQMX
225 ETFs have low correlation with SQMX (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | — | — | 52 | Cryptocurrency | SQMX vs BITI | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | SQMX vs IBIC | |
| Invesco DB Energy Fund | -0.18 | -0.08 | -0.08 | 57 | Oil & Gas | SQMX vs DBE | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 96 | Inflation-Protected Bonds | SQMX vs IBID | |
| ProShares Ultra Oil & Gas | -0.10 | — | — | 53 | Leveraged Equities | SQMX vs DIG |
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