Looking to diversify beyond QIG? The ETFs below have the lowest correlation with QIG — 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 QIG.
Best Diversifiers for QIG
316 ETFs have low correlation with QIG (below 0.3), 48 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.40, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.40 | -0.20 | -0.13 | 71 | Oil & Gas | QIG vs DBE | |
| United States Brent Oil Fund LP | -0.40 | -0.20 | -0.13 | 65 | Oil & Gas | QIG vs BNO | |
| Invesco DB Oil Fund | -0.39 | -0.19 | -0.13 | 65 | Oil & Gas | QIG vs DBO | |
| iShares Commodities Select Strategy ETF | -0.35 | -0.16 | -0.10 | 71 | Commodities | QIG vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.14 | -0.08 | 71 | Commodities | QIG vs GSG |
See all 1152 diversifiers for QIG
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Diversification Analysis
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