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
172 ETFs have low correlation with QALT (below 0.3), 13 of which are negatively correlated. The least correlated is Horizon Landmark ETF (BENJ) (Ultrashort Bond) with a 1Y correlation of -0.11, roughly unchanged from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Horizon Landmark ETF | -0.11 | -0.11 | -0.11 | 98 | Ultrashort Bond | QALT vs BENJ | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.05 | -0.05 | -0.05 | 100 | Ultrashort Bond | QALT vs BILZ | |
| JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ... | -0.05 | -0.05 | -0.05 | 81 | Government Bonds, Short-Term Bond | QALT vs BBSB | |
| Franklin Ultra Short Bond ETF | -0.04 | -0.04 | -0.04 | 94 | Ultrashort Bond | QALT vs FLUD | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.04 | -0.04 | -0.04 | 100 | Government Bonds, Ultrashort Bond | QALT vs GBIL |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements QALT
Add QALT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QALT