Looking to diversify beyond QQLV? The ETFs below have the lowest correlation with QQLV — 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 QQLV.
Best Diversifiers for QQLV
539 ETFs have low correlation with QQLV (below 0.3), 29 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.18, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.18 | -0.09 | -0.09 | 65 | Oil & Gas | QQLV vs DBO | |
| Invesco DB Energy Fund | -0.18 | — | — | 71 | Oil & Gas | QQLV vs DBE | |
| United States Brent Oil Fund LP | -0.16 | -0.08 | -0.08 | 65 | Oil & Gas | QQLV vs BNO | |
| Invesco DB Commodity Index Tracking Fund | -0.14 | -0.06 | -0.06 | 75 | Commodities | QQLV vs DBC | |
| iShares Commodities Select Strategy ETF | -0.14 | -0.07 | -0.07 | 71 | Commodities | QQLV vs COMT |
See all 1170 diversifiers for QQLV
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