Looking to diversify beyond FDLS? The ETFs below have the lowest correlation with FDLS — 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 FDLS.
Best Diversifiers for FDLS
382 ETFs have low correlation with FDLS (below 0.3), 66 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | 0.00 | — | 71 | Oil & Gas | FDLS vs DBE | |
| United States Oil Fund LP | -0.25 | 0.01 | — | 66 | Oil & Gas | FDLS vs USO | |
| United States Brent Oil Fund LP | -0.24 | 0.01 | — | 65 | Oil & Gas | FDLS vs BNO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 98 | Inflation-Protected Bonds | FDLS vs RBIL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | 0.03 | — | 55 | Oil & Gas | FDLS vs OILK |
See all 2105 diversifiers for FDLS
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