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
1268 ETFs have low correlation with FLCB (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.46 | -0.50 | 61 | Leveraged Currency | FLCB vs YCS | |
| Fidelity Managed Futures ETF | -0.34 | — | — | 64 | Systematic Trend | FLCB vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.11 | -0.10 | 70 | Commodities | FLCB vs FAAR | |
| VanEck Commodity Strategy ETF | -0.28 | -0.09 | — | 55 | Commodities | FLCB vs PIT | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.24 | -0.07 | -0.05 | 53 | Commodities | FLCB vs FTGC |
See all 2068 diversifiers for FLCB
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