Looking to diversify beyond FLBL? The ETFs below have the lowest correlation with FLBL — 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 FLBL.
Best Diversifiers for FLBL
1152 ETFs have low correlation with FLBL (below 0.3), 99 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | FLBL vs BAMU | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | FLBL vs USFR | |
| Invesco Short Term Treasury ETF | -0.11 | -0.06 | -0.02 | 100 | Ultrashort Bond | FLBL vs TBLL | |
| ProShares UltraShort Yen | -0.10 | -0.05 | -0.05 | 61 | Leveraged Currency | FLBL vs YCS | |
| Bondbloxx IR+M Tax-Aware Short Duration ETF | -0.10 | — | — | 79 | Municipal Bonds | FLBL vs TAXX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLBL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLBL and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.06, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.06 | 0.17 | 0.26 | 78 | Financial Services | |
| Trinity Capital Inc. | 0.17 | 0.22 | 0.19 | 80 | Financial Services | |
| Cohen & Steers Infrastructure Fund, Inc | 0.19 | 0.19 | 0.28 | 63 | Financial Services |
Build a portfolio that complements FLBL
Add FLBL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLBL