Looking to diversify beyond WQTM? The ETFs below have the lowest correlation with WQTM — 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 WQTM.
Best Diversifiers for WQTM
146 ETFs have low correlation with WQTM (below 0.3), 6 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.14, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.14 | -0.14 | -0.14 | 55 | Oil & Gas | WQTM vs UGA | |
| First Trust Alternative Absolute Return Strategy E... | -0.01 | -0.01 | -0.01 | 75 | Commodities | WQTM vs FAAR | |
| USCF Midstream Energy Income Fund ETF | -0.00 | -0.00 | -0.00 | 62 | Energy Equities | WQTM vs UMI | |
| iShares Treasury Floating Rate Bond ETF | -0.00 | -0.00 | -0.00 | 100 | Government Bonds, Ultrashort Bond | WQTM vs TFLO | |
| VanEck Commodity Strategy ETF | -0.00 | -0.00 | -0.00 | 57 | Commodities | WQTM vs PIT |
See all 887 diversifiers for WQTM
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