Looking to balance out your exposure to QGEN? The ETFs below have the lowest correlation with QGEN — they tend to move on their own, which can help reduce risk when QGEN drops. The stock ideas table highlights individual companies that behave independently from QGEN.
Best Diversifiers for QGEN
1 ETFs have low correlation with QGEN (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.28, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.28 | 0.36 | 0.42 | 70 | S&P 500 | QGEN vs SPY |
Diversification Analysis
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