Looking to diversify beyond QABA? The ETFs below have the lowest correlation with QABA — 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 QABA.
Best Diversifiers for QABA
440 ETFs have low correlation with QABA (below 0.3), 43 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.03 | 0.08 | 71 | Oil & Gas | QABA vs DBE | |
| United States Brent Oil Fund LP | -0.22 | -0.02 | 0.07 | 65 | Oil & Gas | QABA vs BNO | |
| Invesco DB Oil Fund | -0.21 | -0.02 | 0.08 | 65 | Oil & Gas | QABA vs DBO | |
| iShares Commodities Select Strategy ETF | -0.20 | 0.00 | 0.10 | 71 | Commodities | QABA vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | 0.01 | 0.10 | 71 | Commodities | QABA vs GSG |
See all 1147 diversifiers for QABA
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