Looking to diversify beyond QHY? The ETFs below have the lowest correlation with QHY — 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 QHY.
Best Diversifiers for QHY
96 ETFs have low correlation with QHY (below 0.3), 22 of which are negatively correlated. The least correlated is PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) (Commodities) with a 1Y correlation of -0.14, down from 0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.14 | 0.02 | — | 50 | Commodities | QHY vs CMDT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | QHY vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.13 | -0.02 | -0.01 | 75 | Commodities | QHY vs FAAR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | QHY vs CSHP | |
| Fidelity Managed Futures ETF | -0.13 | — | — | 64 | Systematic Trend | QHY vs FFUT |
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