Looking to diversify beyond QQWZ? The ETFs below have the lowest correlation with QQWZ — 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 QQWZ.
Best Diversifiers for QQWZ
230 ETFs have low correlation with QQWZ (below 0.3), 32 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.19, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.19 | -0.16 | -0.16 | 71 | Oil & Gas | QQWZ vs DBE | |
| United States Brent Oil Fund LP | -0.17 | -0.15 | -0.15 | 65 | Oil & Gas | QQWZ vs BNO | |
| Invesco DB Oil Fund | -0.16 | — | — | 65 | Oil & Gas | QQWZ vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | QQWZ vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 98 | Ultrashort Bond | QQWZ vs BAMU |
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