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
226 ETFs have low correlation with QIG (below 0.3), 24 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.27, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.27 | -0.28 | -0.28 | 64 | Systematic Trend | QIG vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.10 | -0.10 | 75 | Commodities | QIG vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.25 | -0.07 | -0.07 | 50 | Commodities | QIG vs CMDT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.22 | -0.11 | -0.11 | 53 | Commodities | QIG vs CERY | |
| iShares Enhanced Short-Term Bond Active ETF | -0.21 | -0.18 | -0.18 | 99 | Ultrashort Bond | QIG vs CSHP |
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