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
316 ETFs have low correlation with FDLS (below 0.3), 37 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.20, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | -0.18 | -0.18 | 97 | Inflation-Protected Bonds | FDLS vs RBIL | |
| United States Gasoline Fund LP | -0.18 | 0.00 | — | 55 | Oil & Gas | FDLS vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | FDLS vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | FDLS vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.04 | — | 100 | Government Bonds, Ultrashort Bond | FDLS vs USFR |
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