Looking to diversify beyond FLCB? The ETFs below have historically moved differently from FLCB, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FLCB
1215 ETFs have low correlation with FLCB (below 0.3), 112 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.47 | -0.50 | 56 | Leveraged Currency | FLCB vs YCS | |
| Invesco DB Energy Fund | -0.43 | -0.23 | -0.16 | 72 | Oil & Gas | FLCB vs DBE | |
| Invesco DB Oil Fund | -0.42 | -0.22 | -0.16 | 58 | Oil & Gas | FLCB vs DBO | |
| United States Gasoline Fund LP | -0.40 | -0.22 | -0.14 | 87 | Oil & Gas | FLCB vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.39 | -0.19 | -0.12 | 67 | Commodities | FLCB vs GSG |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FLCB
Add FLCB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLCB