Looking to diversify beyond PQAP? The ETFs below have the lowest correlation with PQAP — 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 PQAP.
Best Diversifiers for PQAP
237 ETFs have low correlation with PQAP (below 0.3), 47 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | — | — | 52 | Cryptocurrency | PQAP vs BITI | |
| Invesco DB Energy Fund | -0.21 | — | — | 57 | Oil & Gas | PQAP vs DBE | |
| VanEck Energy Income ETF | -0.19 | — | — | 82 | Energy Equities | PQAP vs EINC | |
| Alerian Energy Infrastructure ETF | -0.19 | — | — | 79 | Energy Equities | PQAP vs ENFR | |
| ProShares Ultra Oil & Gas | -0.17 | 0.04 | 0.04 | 53 | Leveraged Equities | PQAP vs DIG |
See all 1277 diversifiers for PQAP
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Diversification Analysis
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