Looking to diversify beyond QFLR? The ETFs below have the lowest correlation with QFLR — 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 QFLR.
Best Diversifiers for QFLR
325 ETFs have low correlation with QFLR (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.07 | -0.07 | 71 | Oil & Gas | QFLR vs DBE | |
| United States Brent Oil Fund LP | -0.28 | — | — | 65 | Oil & Gas | QFLR vs BNO | |
| United States Oil Fund LP | -0.28 | -0.07 | -0.07 | 66 | Oil & Gas | QFLR vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | — | — | 56 | Derivative Income | QFLR vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | -0.03 | -0.03 | 55 | Oil & Gas | QFLR vs OILK |
See all 1686 diversifiers for QFLR
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements QFLR
Add QFLR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QFLR