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Looking to diversify beyond QFHD? The ETFs below have the lowest correlation with QFHD — 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 QFHD.

Best Diversifiers for QFHD

0 ETFs have low correlation with QFHD (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Alternative Income ETF (ALTY) (Global Allocation) with a 1Y correlation of 0.60, roughly unchanged from 0.60 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Global X Alternative Income ETF0.600.600.60
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Global Allocation, DividendQFHD vs ALTY

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Diversification Analysis

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