Looking to diversify beyond QVAL? The ETFs below have the lowest correlation with QVAL — 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 QVAL.
Best Diversifiers for QVAL
302 ETFs have low correlation with QVAL (below 0.3), 43 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.27, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.27 | -0.24 | -0.30 | 51 | Currency | QVAL vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | -0.29 | -0.29 | 68 | Inverse Equities, Leveraged Equities | QVAL vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.26 | -0.27 | -0.31 | 57 | Cryptocurrency | QVAL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.25 | -0.30 | -0.30 | 52 | Cryptocurrency, Leveraged Cryptocurrency | QVAL vs SBIT | |
| Invesco DB Energy Fund | -0.25 | 0.05 | 0.23 | 53 | Oil & Gas | QVAL vs DBE |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from QVAL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to QVAL and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.29, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.29 | 0.43 | 0.54 | 53 | Financial Services |
Build a portfolio that complements QVAL
Add QVAL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with QVAL