Looking to diversify beyond FDLS? The ETFs below have historically moved differently from FDLS, 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 FDLS
350 ETFs have low correlation with FDLS (below 0.3), 59 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 58 | Derivative Income | FDLS vs WNTR | |
| Invesco DB Energy Fund | -0.27 | -0.04 | 0.08 | 54 | Oil & Gas | FDLS vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | -0.19 | -0.19 | 97 | Inflation-Protected Bonds | FDLS vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | 0.01 | — | 96 | Inflation-Protected Bonds | FDLS vs IBID | |
| United States Gasoline Fund, LP | -0.17 | -0.00 | 0.09 | 72 | Oil & Gas | FDLS vs UGA |
See all 2121 diversifiers for FDLS
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