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
333 ETFs have low correlation with QVAL (below 0.3), 52 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.24 | 0.10 | 0.24 | 71 | Oil & Gas | QVAL vs DBE | |
| United States Oil Fund LP | -0.23 | 0.09 | 0.23 | 66 | Oil & Gas | QVAL vs USO | |
| United States Brent Oil Fund LP | -0.22 | 0.09 | 0.23 | 65 | Oil & Gas | QVAL vs BNO | |
| United States 12 Month Oil Fund LP | -0.22 | 0.13 | 0.25 | 56 | Oil & Gas | QVAL vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.21 | 0.13 | 0.25 | 55 | Oil & Gas | QVAL vs OILK |
See all 1594 diversifiers for QVAL
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