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
1583 ETFs have low correlation with FLCB (below 0.3), 94 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.47 | -0.50 | 63 | Leveraged Currency | FLCB vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.21 | -0.15 | 71 | Oil & Gas | FLCB vs DBE | |
| Invesco DB Oil Fund | -0.40 | -0.20 | -0.16 | 65 | Oil & Gas | FLCB vs DBO | |
| United States Gasoline Fund LP | -0.40 | -0.20 | -0.14 | 71 | Oil & Gas | FLCB vs UGA | |
| United States Oil Fund LP | -0.39 | -0.21 | -0.16 | 66 | Oil & Gas | FLCB vs USO |
See all 2182 diversifiers for FLCB
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