Looking to diversify beyond QEFA? The ETFs below have the lowest correlation with QEFA — 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 QEFA.
Best Diversifiers for QEFA
166 ETFs have low correlation with QEFA (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, down from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.33 | -0.27 | 63 | Leveraged Currency | QEFA vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.08 | 0.05 | 55 | Oil & Gas | QEFA vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | QEFA vs IBIC | |
| TCW AAA CLO ETF | -0.16 | — | — | 99 | CLO | QEFA vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | QEFA vs CSHP |
See all 1456 diversifiers for QEFA
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