Looking to diversify beyond QLTY? The ETFs below have the lowest correlation with QLTY — 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 QLTY.
Best Diversifiers for QLTY
261 ETFs have low correlation with QLTY (below 0.3), 68 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.36, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.36 | -0.13 | -0.13 | 71 | Oil & Gas | QLTY vs DBE | |
| United States Oil Fund LP | -0.35 | — | — | 66 | Oil & Gas | QLTY vs USO | |
| United States Brent Oil Fund LP | -0.34 | — | — | 65 | Oil & Gas | QLTY vs BNO | |
| United States Gasoline Fund LP | -0.33 | — | — | 71 | Oil & Gas | QLTY vs UGA | |
| Defiance Oil Enhanced Options Income ETF | -0.33 | -0.13 | -0.13 | 56 | Derivative Income | QLTY vs USOY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QLTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QLTY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Golar LNG Limited | 0.01 | — | — | 65 | Energy |
Build a portfolio that complements QLTY
Add QLTY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QLTY