Looking to diversify beyond FLCO? The ETFs below have the lowest correlation with FLCO — 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 FLCO.
Best Diversifiers for FLCO
452 ETFs have low correlation with FLCO (below 0.3), 71 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.43 | -0.45 | 75 | Leveraged Currency | FLCO vs YCS | |
| United States Gasoline Fund LP | -0.41 | -0.19 | -0.12 | 72 | Oil & Gas | FLCO vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.34 | -0.14 | -0.07 | 51 | Commodities | FLCO vs PDBC | |
| Fidelity Managed Futures ETF | -0.31 | -0.31 | -0.31 | 66 | Systematic Trend | FLCO vs FFUT | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.28 | -0.08 | -0.02 | 65 | Commodities | FLCO vs SDCI |
See all 2051 diversifiers for FLCO
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