Looking to diversify beyond QDF? The ETFs below have the lowest correlation with QDF — 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 QDF.
Best Diversifiers for QDF
259 ETFs have low correlation with QDF (below 0.3), 66 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.33 | -0.06 | 0.09 | 66 | Oil & Gas | QDF vs USO | |
| Invesco DB Energy Fund | -0.32 | -0.06 | 0.10 | 71 | Oil & Gas | QDF vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.04 | 0.09 | 65 | Oil & Gas | QDF vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | -0.08 | -0.08 | 56 | Derivative Income | QDF vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.29 | -0.03 | 0.11 | 56 | Oil & Gas | QDF vs OILK |
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