Looking to diversify beyond GQQQ? The ETFs below have the lowest correlation with GQQQ — 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 GQQQ.
Best Diversifiers for GQQQ
402 ETFs have low correlation with GQQQ (below 0.3), 87 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.31, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | -0.15 | -0.15 | 71 | Oil & Gas | GQQQ vs DBE | |
| United States Oil Fund LP | -0.31 | — | — | 66 | Oil & Gas | GQQQ vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | GQQQ vs USOY | |
| United States Brent Oil Fund LP | -0.28 | -0.13 | -0.13 | 65 | Oil & Gas | GQQQ vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | -0.09 | -0.09 | 55 | Oil & Gas | GQQQ vs OILK |
See all 2104 diversifiers for GQQQ
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