Looking to diversify beyond QAT? The ETFs below have historically moved differently from QAT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for QAT
660 ETFs have low correlation with QAT (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.07 | 0.06 | 72 | Oil & Gas | QAT vs DBE | |
| United States Brent Oil Fund LP | -0.25 | -0.07 | 0.07 | 52 | Oil & Gas | QAT vs BNO | |
| Invesco DB Oil Fund | -0.23 | -0.05 | 0.07 | 58 | Oil & Gas | QAT vs DBO | |
| Strive U.S. Energy ETF | -0.23 | 0.01 | — | 70 | Energy Equities | QAT vs DRLL | |
| ProShares Short Bitcoin ETF | -0.23 | -0.20 | — | 61 | Cryptocurrency | QAT vs BITI |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for QAT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The J. M. Smucker Company (SJM) (Consumer Defensive) with a 1Y correlation of 0.01, roughly unchanged from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The J. M. Smucker Company | 0.01 | 0.04 | 0.04 | 61 | Consumer Defensive |
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