Looking to diversify beyond FLBR? The ETFs below have the lowest correlation with FLBR — 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 FLBR.
Best Diversifiers for FLBR
499 ETFs have low correlation with FLBR (below 0.3), 63 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.15 | -0.11 | 61 | Leveraged Currency | FLBR vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | 0.07 | 0.07 | 98 | Inflation-Protected Bonds | FLBR vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.17 | -0.07 | -0.05 | 100 | Ultrashort Bond | FLBR vs SGOV | |
| TCW AAA CLO ETF | -0.16 | -0.09 | -0.09 | 99 | CLO | FLBR vs ACLO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | -0.10 | -0.10 | 98 | Inflation-Protected Bonds | FLBR vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLBR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLBR and solid risk/return profiles. The least correlated is CRISPR Therapeutics AG (CRSP) (Healthcare) with a 1Y correlation of 0.19, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CRISPR Therapeutics AG | 0.19 | 0.25 | 0.21 | 58 | Healthcare | |
| First Solar, Inc. | 0.23 | 0.27 | 0.24 | 81 | Technology | |
| Rocket Lab USA, Inc. | 0.25 | 0.26 | — | 93 | Industrials | |
| Alphabet Inc. Class A | 0.25 | 0.26 | 0.26 | 96 | Communication Services | |
| AST SpaceMobile, Inc. | 0.26 | 0.25 | 0.23 | 91 | Communication Services |
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