Looking to diversify beyond QLVD? The ETFs below have the lowest correlation with QLVD — 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 QLVD.
Best Diversifiers for QLVD
217 ETFs have low correlation with QLVD (below 0.3), 31 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.35, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.35 | -0.11 | 0.05 | 71 | Oil & Gas | QLVD vs DBE | |
| United States Brent Oil Fund LP | -0.34 | -0.10 | 0.05 | 65 | Oil & Gas | QLVD vs BNO | |
| Invesco DB Oil Fund | -0.31 | -0.09 | 0.07 | 65 | Oil & Gas | QLVD vs DBO | |
| iShares Commodities Select Strategy ETF | -0.22 | -0.00 | 0.12 | 70 | Commodities | QLVD vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | 0.01 | 0.13 | 71 | Commodities | QLVD vs GSG |
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