Looking to diversify beyond FLAU? The ETFs below have the lowest correlation with FLAU — 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 FLAU.
Best Diversifiers for FLAU
279 ETFs have low correlation with FLAU (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.27 | -0.22 | 63 | Leveraged Currency | FLAU vs YCS | |
| United States Gasoline Fund LP | -0.25 | -0.02 | 0.14 | 55 | Oil & Gas | FLAU vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | FLAU vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | FLAU vs RBIL | |
| TCW AAA CLO ETF | -0.19 | — | — | 99 | CLO | FLAU vs ACLO |
See all 1949 diversifiers for FLAU
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