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
388 ETFs have low correlation with FLAG (below 0.3), 28 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | — | — | 59 | Inverse Equities | FLAG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 65 | Inverse Equities, Leveraged Equities | FLAG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.26 | — | — | 64 | Derivative Income | FLAG vs WNTR | |
| United States Gasoline Fund LP | -0.21 | — | — | 64 | Oil & Gas | FLAG vs UGA | |
| Direxion Daily NFLX Bear 1X Shares | -0.20 | — | — | 62 | Inverse Equities | FLAG vs NFXS |
See all 1905 diversifiers for FLAG
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Diversification Analysis
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