Looking to diversify beyond FLCH? The ETFs below have historically moved differently from FLCH, 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 FLCH
712 ETFs have low correlation with FLCH (below 0.3), 82 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, down from -0.22 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.22 | — | 51 | Cryptocurrency | FLCH vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.31 | — | — | 69 | Derivative Income | FLCH vs WNTR | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.20 | -0.06 | -0.04 | 51 | Nontraditional Bonds | FLCH vs RISR | |
| ProShares UltraShort Yen | -0.16 | -0.13 | -0.11 | 59 | Leveraged Currency | FLCH vs YCS | |
| Invesco DB Energy Fund | -0.15 | 0.03 | 0.09 | 66 | Oil & Gas | FLCH vs DBE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FLCH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Regency Centers Corporation (REG) (Real Estate) with a 1Y correlation of -0.03, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Regency Centers Corporation | -0.03 | 0.11 | 0.18 | 77 | Real Estate | |
| HCA Healthcare, Inc. | 0.07 | 0.10 | 0.12 | 57 | Healthcare | |
| Pfizer Inc. | 0.21 | 0.19 | 0.14 | 62 | Healthcare | |
| Intel Corporation | 0.26 | 0.27 | 0.32 | 98 | Technology | |
| Rolls-Royce Holdings plc | 0.28 | 0.18 | 0.26 | 77 | Industrials |
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