Looking to diversify beyond QALT? The ETFs below have the lowest correlation with QALT — 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 QALT.
Best Diversifiers for QALT
237 ETFs have low correlation with QALT (below 0.3), 20 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.40 | -0.40 | 57 | Cryptocurrency | QALT vs BITI | |
| JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ... | -0.07 | -0.07 | -0.07 | 89 | Government Bonds, Short-Term Bond | QALT vs BBSB | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.06 | -0.06 | -0.06 | 56 | Derivative Income | QALT vs DOGG | |
| Goldman Sachs Ultra Short Bond ETF | -0.06 | -0.06 | -0.06 | 99 | Ultrashort Bond | QALT vs GSST | |
| Franklin Ultra Short Bond ETF | -0.06 | -0.06 | -0.06 | 96 | Ultrashort Bond | QALT vs FLUD |
See all 1098 diversifiers for QALT
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