Looking to diversify beyond FLCB? The ETFs below have the lowest correlation with FLCB — 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 FLCB.
Best Diversifiers for FLCB
1239 ETFs have low correlation with FLCB (below 0.3), 87 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.47 | -0.50 | 72 | Leveraged Currency | FLCB vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.43 | -0.41 | -0.36 | 51 | Currency | FLCB vs UUP | |
| Invesco DB Energy Fund | -0.40 | -0.22 | -0.16 | 53 | Oil & Gas | FLCB vs DBE | |
| United States Gasoline Fund LP | -0.40 | -0.21 | -0.14 | 78 | Oil & Gas | FLCB vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.36 | -0.17 | -0.12 | 51 | Commodities | FLCB vs GSG |
See all 2040 diversifiers for FLCB
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