Looking to diversify beyond FLCH? The ETFs below have the lowest correlation with FLCH — 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 FLCH.
Best Diversifiers for FLCH
574 ETFs have low correlation with FLCH (below 0.3), 76 of which are negatively correlated. The least correlated is Defiance Oil Enhanced Options Income ETF (USOY) (Derivative Income) with a 1Y correlation of -0.21, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | -0.21 | 0.00 | 0.00 | 56 | Derivative Income | FLCH vs USOY | |
| ProShares UltraShort Yen | -0.21 | -0.15 | -0.11 | 61 | Leveraged Currency | FLCH vs YCS | |
| United States Oil Fund LP | -0.21 | 0.03 | 0.08 | 66 | Oil & Gas | FLCH vs USO | |
| United States Brent Oil Fund LP | -0.19 | 0.04 | 0.08 | 65 | Oil & Gas | FLCH vs BNO | |
| Invesco DB Energy Fund | -0.19 | 0.05 | 0.10 | 71 | Oil & Gas | FLCH vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLCH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLCH and solid risk/return profiles. The least correlated is Regency Centers Corporation (REG) (Real Estate) with a 1Y correlation of 0.05, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Regency Centers Corporation | 0.05 | 0.15 | 0.19 | 61 | Real Estate | |
| Rolls-Royce Holdings plc | 0.25 | 0.19 | 0.25 | 70 | Industrials | |
| Intel Corporation | 0.26 | 0.27 | 0.32 | 98 | Technology | |
| Pfizer Inc. | 0.27 | 0.19 | 0.14 | 61 | Healthcare | |
| WisdomTree Inc. | 0.30 | 0.18 | 0.22 | 88 | Financial Services |
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