Looking to diversify beyond LQDB? The ETFs below have the lowest correlation with LQDB — 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 LQDB.
Best Diversifiers for LQDB
275 ETFs have low correlation with LQDB (below 0.3), 53 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 -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | -0.19 | -0.11 | 71 | Oil & Gas | LQDB vs DBE | |
| Invesco DB Oil Fund | -0.41 | -0.18 | -0.11 | 65 | Oil & Gas | LQDB vs DBO | |
| United States Brent Oil Fund LP | -0.41 | -0.19 | -0.12 | 65 | Oil & Gas | LQDB vs BNO | |
| iShares Commodities Select Strategy ETF | -0.36 | -0.15 | -0.08 | 71 | Commodities | LQDB vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.13 | -0.07 | 71 | Commodities | LQDB vs GSG |
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