Looking to diversify beyond QCJL? The ETFs below have the lowest correlation with QCJL — 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 QCJL.
Best Diversifiers for QCJL
218 ETFs have low correlation with QCJL (below 0.3), 44 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.09 | -0.09 | 71 | Oil & Gas | QCJL vs DBE | |
| United States Brent Oil Fund LP | -0.27 | -0.07 | -0.07 | 65 | Oil & Gas | QCJL vs BNO | |
| Invesco DB Oil Fund | -0.24 | -0.04 | -0.04 | 65 | Oil & Gas | QCJL vs DBO | |
| iShares Commodities Select Strategy ETF | -0.19 | -0.01 | -0.01 | 70 | Commodities | QCJL vs COMT | |
| First Trust Alternative Absolute Return Strategy E... | -0.18 | -0.05 | -0.05 | 90 | Commodities | QCJL vs FAAR |
See all 1202 diversifiers for QCJL
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