Looking to diversify beyond FLAG? The ETFs below have the lowest correlation with FLAG — 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 FLAG.
Best Diversifiers for FLAG
464 ETFs have low correlation with FLAG (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.25 | — | — | 71 | Oil & Gas | FLAG vs DBE | |
| United States 12 Month Oil Fund LP | -0.24 | — | — | 56 | Oil & Gas | FLAG vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | — | — | 55 | Oil & Gas | FLAG vs OILK | |
| United States Oil Fund LP | -0.23 | — | — | 66 | Oil & Gas | FLAG vs USO | |
| Invesco DB Oil Fund | -0.23 | — | — | 65 | Oil & Gas | FLAG vs DBO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FLAG
Add FLAG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLAG