Looking to diversify beyond QCAP? The ETFs below have the lowest correlation with QCAP — 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 QCAP.
Best Diversifiers for QCAP
216 ETFs have low correlation with QCAP (below 0.3), 38 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.05 | -0.05 | 71 | Oil & Gas | QCAP vs DBE | |
| United States Brent Oil Fund LP | -0.26 | — | — | 65 | Oil & Gas | QCAP vs BNO | |
| Invesco DB Oil Fund | -0.25 | -0.02 | -0.02 | 65 | Oil & Gas | QCAP vs DBO | |
| iShares Commodities Select Strategy ETF | -0.22 | — | — | 71 | Commodities | QCAP vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | 0.01 | 0.01 | 71 | Commodities | QCAP vs GSG |
See all 1211 diversifiers for QCAP
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