Looking to diversify beyond PQDI? The ETFs below have the lowest correlation with PQDI — 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 PQDI.
Best Diversifiers for PQDI
102 ETFs have low correlation with PQDI (below 0.3), 20 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.15, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.15 | -0.02 | 0.01 | 75 | Commodities | PQDI vs FAAR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | PQDI vs IBIC | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.11 | 0.04 | — | 50 | Commodities | PQDI vs CMDT | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.10 | 0.13 | 0.13 | 95 | Inflation-Protected Bonds | PQDI vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | -0.05 | -0.05 | 99 | Ultrashort Bond | PQDI vs CSHP |
See all 1064 diversifiers for PQDI
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