Looking to diversify beyond QLTA? The ETFs below have the lowest correlation with QLTA — 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 QLTA.
Best Diversifiers for QLTA
332 ETFs have low correlation with QLTA (below 0.3), 40 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.45 | -0.47 | 63 | Leveraged Currency | QLTA vs YCS | |
| United States Gasoline Fund LP | -0.40 | -0.18 | -0.11 | 55 | Oil & Gas | QLTA vs UGA | |
| Fidelity Managed Futures ETF | -0.28 | — | — | 64 | Systematic Trend | QLTA vs FFUT | |
| VanEck Commodity Strategy ETF | -0.26 | -0.09 | — | 57 | Commodities | QLTA vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.11 | -0.10 | 75 | Commodities | QLTA vs FAAR |
See all 1455 diversifiers for QLTA
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements QLTA
Add QLTA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QLTA