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
185 ETFs have low correlation with QEFA (below 0.3), 42 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.61, roughly unchanged from -0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.61 | -0.56 | -0.60 | 51 | Currency | QEFA vs UUP | |
| ProShares UltraShort Yen | -0.47 | -0.33 | -0.27 | 72 | Leveraged Currency | QEFA vs YCS | |
| ProShares Short Bitcoin ETF | -0.34 | -0.26 | -0.29 | 57 | Cryptocurrency | QEFA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.33 | -0.29 | -0.29 | 52 | Cryptocurrency, Leveraged Cryptocurrency | QEFA vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 68 | Inverse Equities, Leveraged Equities | QEFA vs MSTZ |
See all 1553 diversifiers for QEFA
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