Looking to diversify beyond QCLR? The ETFs below have the lowest correlation with QCLR — 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 QCLR.
Best Diversifiers for QCLR
332 ETFs have low correlation with QCLR (below 0.3), 71 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.25, down from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.25 | -0.05 | — | 71 | Oil & Gas | QCLR vs DBE | |
| United States Oil Fund LP | -0.24 | -0.05 | — | 66 | Oil & Gas | QCLR vs USO | |
| United States Brent Oil Fund LP | -0.23 | -0.04 | — | 65 | Oil & Gas | QCLR vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.22 | -0.02 | — | 55 | Oil & Gas | QCLR vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.21 | — | — | 56 | Derivative Income | QCLR vs USOY |
See all 1617 diversifiers for QCLR
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