Looking to diversify beyond GQRE? The ETFs below have historically moved differently from GQRE, 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 GQRE
722 ETFs have low correlation with GQRE (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, down from -0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.29 | -0.22 | 59 | Leveraged Currency | GQRE vs YCS | |
| Invesco DB Energy Fund | -0.25 | -0.12 | 0.03 | 53 | Oil & Gas | GQRE vs DBE | |
| United States Gasoline Fund, LP | -0.20 | -0.09 | 0.04 | 74 | Oil & Gas | GQRE vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | -0.05 | 0.08 | 50 | Commodities | GQRE vs GSG | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.16 | -0.03 | 0.09 | 58 | Commodities | GQRE vs PDBC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GQRE, 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 Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.50, down from 0.63 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.50 | 0.58 | 0.63 | 85 | Real Estate |
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