Looking to diversify beyond QLV? The ETFs below have the lowest correlation with QLV — 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 QLV.
Best Diversifiers for QLV
319 ETFs have low correlation with QLV (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.07 | -0.06 | 61 | Leveraged Currency | QLV vs YCS | |
| Invesco DB Energy Fund | -0.21 | -0.08 | 0.05 | 71 | Oil & Gas | QLV vs DBE | |
| United States Oil Fund LP | -0.20 | -0.08 | 0.03 | 66 | Oil & Gas | QLV vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.20 | -0.05 | 0.04 | 55 | Oil & Gas | QLV vs OILK | |
| Invesco DB Oil Fund | -0.20 | -0.07 | 0.04 | 65 | Oil & Gas | QLV vs DBO |
See all 1594 diversifiers for QLV
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements QLV
Add QLV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QLV