Looking to diversify beyond FCLO? The ETFs below have the lowest correlation with FCLO — 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 FCLO.
Best Diversifiers for FCLO
1805 ETFs have low correlation with FCLO (below 0.3), 1252 of which are negatively correlated. The least correlated is Cambria Foreign Shareholder Yield ETF (FYLD) (Global Equities) with a 1Y correlation of -0.22, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cambria Foreign Shareholder Yield ETF | -0.22 | -0.22 | -0.22 | 91 | Global Equities | FCLO vs FYLD | |
| Innovator Equity Defined Protection ETF - 1 Yr May | -0.21 | -0.21 | -0.21 | 95 | Defined Outcome | FCLO vs ZMAY | |
| Return Stacked Bonds & Managed Futures ETF | -0.20 | -0.20 | -0.20 | 54 | Nontraditional Bonds | FCLO vs RSBT | |
| Virtus LifeSci Biotech Clinical Trials ETF | -0.17 | -0.17 | -0.17 | 95 | Health & Biotech Equities | FCLO vs BBC | |
| KraneShares SSE STAR Market 50 Index ETF | -0.16 | -0.16 | -0.16 | 86 | China Equities | FCLO vs KSTR |
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