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
132 ETFs have low correlation with QHY (below 0.3), 43 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.36, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.36 | -0.08 | 0.04 | 65 | Oil & Gas | QHY vs BNO | |
| Invesco DB Energy Fund | -0.36 | -0.09 | 0.05 | 71 | Oil & Gas | QHY vs DBE | |
| Invesco DB Oil Fund | -0.36 | -0.07 | 0.05 | 65 | Oil & Gas | QHY vs DBO | |
| iShares Commodities Select Strategy ETF | -0.32 | -0.03 | 0.09 | 71 | Commodities | QHY vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.30 | -0.02 | 0.10 | 71 | Commodities | QHY vs GSG |
See all 1155 diversifiers for QHY
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