Looking to diversify beyond FCLO? The ETFs below have historically moved differently from FCLO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FCLO
2040 ETFs have low correlation with FCLO (below 0.3), 707 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (ISCMF) (Commodities) with a 1Y correlation of -0.10, roughly unchanged from -0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.11 | -0.11 | -0.11 | 58 | Commodities | FCLO vs ISCMF | |
| Cambria Micro And Smallcap Shareholder Yield ETF | -0.10 | -0.10 | -0.10 | 92 | Small Cap Value Equities | FCLO vs MYLD | |
| Innovator Equity Defined Protection ETF - 1 Yr May | -0.10 | -0.10 | -0.10 | 97 | Defined Outcome | FCLO vs ZMAY | |
| WBI BullBear Quality 3000 ETF | -0.10 | -0.10 | -0.10 | 63 | Quality Factor, Global Equities | FCLO vs WBIL | |
| Virtus Newfleet ABS/MBS ETF | -0.09 | -0.09 | -0.09 | 78 | Mortgage Backed Securities | FCLO vs VABS |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FCLO
Add FCLO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCLO