Looking to diversify beyond QPUX? The ETFs below have the lowest correlation with QPUX — 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 QPUX.
Best Diversifiers for QPUX
400 ETFs have low correlation with QPUX (below 0.3), 8 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.48 | -0.48 | 52 | Cryptocurrency | QPUX vs BITI | |
| Invesco DB Energy Fund | -0.07 | -0.07 | -0.07 | 57 | Oil & Gas | QPUX vs DBE | |
| Eaton Vance Ultra-Short Income ETF | -0.02 | — | — | 99 | Ultrashort Bond | QPUX vs EVSB | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | -0.02 | -0.02 | -0.02 | 56 | Commodities | QPUX vs BCI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.02 | -0.02 | -0.02 | 54 | Commodities | QPUX vs GSG |
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