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
309 ETFs have low correlation with IQDG (below 0.3), 78 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.41, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | -0.12 | 0.05 | 71 | Oil & Gas | IQDG vs DBE | |
| United States Oil Fund LP | -0.41 | -0.12 | 0.05 | 66 | Oil & Gas | IQDG vs USO | |
| United States Brent Oil Fund LP | -0.41 | -0.12 | 0.04 | 65 | Oil & Gas | IQDG vs BNO | |
| ProShares UltraShort Yen | -0.40 | -0.23 | -0.21 | 61 | Leveraged Currency | IQDG vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.39 | -0.15 | -0.15 | 56 | Derivative Income | IQDG vs USOY |
See all 2109 diversifiers for IQDG
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