Looking to diversify beyond FLCA? The ETFs below have the lowest correlation with FLCA — 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 FLCA.
Best Diversifiers for FLCA
296 ETFs have low correlation with FLCA (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.18 | -0.14 | 63 | Leveraged Currency | FLCA vs YCS | |
| United States Gasoline Fund LP | -0.18 | 0.04 | 0.21 | 55 | Oil & Gas | FLCA vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | FLCA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | FLCA vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | FLCA vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLCA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLCA and solid risk/return profiles. The least correlated is PepsiCo, Inc. (PEP) (Consumer Defensive) with a 1Y correlation of 0.03, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| PepsiCo, Inc. | 0.03 | 0.12 | 0.20 | 61 | Consumer Defensive | |
| Enterprise Products Partners L.P. | 0.08 | 0.31 | 0.45 | 85 | Energy |
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