Looking to diversify beyond IQDG? The ETFs below have the lowest correlation with IQDG — 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 IQDG.
Best Diversifiers for IQDG
256 ETFs have low correlation with IQDG (below 0.3), 75 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.55, roughly unchanged from -0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.55 | -0.51 | -0.56 | 51 | Currency | IQDG vs UUP | |
| ProShares UltraShort Yen | -0.39 | -0.24 | -0.21 | 72 | Leveraged Currency | IQDG vs YCS | |
| ProShares Short Bitcoin ETF | -0.38 | -0.32 | -0.33 | 57 | Cryptocurrency | IQDG vs BITI | |
| Invesco DB Energy Fund | -0.38 | -0.14 | 0.04 | 53 | Oil & Gas | IQDG vs DBE | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IQDG vs SBIT |
See all 2047 diversifiers for IQDG
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