Looking to diversify beyond QUAL? The ETFs below have the lowest correlation with QUAL — 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 QUAL.
Best Diversifiers for QUAL
262 ETFs have low correlation with QUAL (below 0.3), 70 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.36, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.36 | -0.10 | 0.07 | 71 | Oil & Gas | QUAL vs DBE | |
| United States Oil Fund LP | -0.35 | -0.09 | 0.05 | 66 | Oil & Gas | QUAL vs USO | |
| United States Brent Oil Fund LP | -0.33 | -0.08 | 0.05 | 65 | Oil & Gas | QUAL vs BNO | |
| United States 12 Month Oil Fund LP | -0.32 | -0.06 | 0.08 | 56 | Oil & Gas | QUAL vs USL | |
| Invesco DB Oil Fund | -0.32 | -0.06 | 0.07 | 65 | Oil & Gas | QUAL vs DBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QUAL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QUAL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.17 | 0.01 | 0.12 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.12 | 0.06 | 0.17 | 85 | Energy | |
| Chevron Corporation | -0.10 | 0.09 | 0.21 | 83 | Energy | |
| ConocoPhillips Company | -0.09 | 0.09 | 0.19 | 76 | Energy | |
| BP p.l.c. | -0.07 | 0.11 | 0.21 | 87 | Energy |
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