Looking to diversify beyond QLDY? The ETFs below have the lowest correlation with QLDY — 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 QLDY.
Best Diversifiers for QLDY
235 ETFs have low correlation with QLDY (below 0.3), 19 of which are negatively correlated. The least correlated is Global X 1-3 Month T-Bill ETF (CLIP) (Ultrashort Bond) with a 1Y correlation of -0.10, roughly unchanged from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X 1-3 Month T-Bill ETF | -0.10 | -0.10 | -0.10 | 100 | Ultrashort Bond | QLDY vs CLIP | |
| F/m US Treasury 3 Month Bill ETF | -0.09 | -0.09 | -0.09 | 100 | Ultrashort Bond | QLDY vs TBIL | |
| Vanguard Ultra-Short Treasury ETF | -0.08 | — | — | 99 | Ultrashort Bond, Government Bonds | QLDY vs VGUS | |
| First Trust Alternative Absolute Return Strategy E... | -0.07 | -0.07 | -0.07 | 75 | Commodities | QLDY vs FAAR | |
| ClearShares Ultra-Short Maturity ETF | -0.07 | -0.07 | -0.07 | 100 | Ultrashort Bond | QLDY vs OPER |
See all 1403 diversifiers for QLDY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements QLDY
Add QLDY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QLDY