Looking to diversify beyond QLC? The ETFs below have the lowest correlation with QLC — 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 QLC.
Best Diversifiers for QLC
271 ETFs have low correlation with QLC (below 0.3), 76 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.08 | 0.09 | 71 | Oil & Gas | QLC vs DBE | |
| United States Oil Fund LP | -0.34 | -0.08 | 0.07 | 66 | Oil & Gas | QLC vs USO | |
| United States Brent Oil Fund LP | -0.32 | -0.07 | 0.07 | 65 | Oil & Gas | QLC vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | QLC vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.29 | -0.04 | 0.10 | 55 | Oil & Gas | QLC vs OILK |
See all 1615 diversifiers for QLC
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements QLC
Add QLC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QLC