Looking to diversify beyond FLCC? The ETFs below have the lowest correlation with FLCC — 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 FLCC.
Best Diversifiers for FLCC
350 ETFs have low correlation with FLCC (below 0.3), 67 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | -0.46 | -0.46 | 60 | Inverse Equities | FLCC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | -0.45 | -0.45 | 68 | Inverse Equities, Leveraged Equities | FLCC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.45 | -0.46 | -0.46 | 57 | Cryptocurrency | FLCC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.46 | -0.46 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FLCC vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | -0.46 | -0.46 | 70 | Derivative Income | FLCC vs WNTR |
See all 2042 diversifiers for FLCC
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