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
116 ETFs have low correlation with QHY (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.29 | -0.31 | 57 | Cryptocurrency | QHY vs BITI | |
| Invesco DB Energy Fund | -0.34 | -0.11 | 0.05 | 53 | Oil & Gas | QHY vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.28 | -0.03 | 0.09 | 51 | Commodities | QHY vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.25 | -0.01 | 0.11 | 54 | Commodities | QHY vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.25 | — | — | 51 | Commodities | QHY vs DCMT |
See all 1129 diversifiers for QHY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements QHY
Add QHY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QHY