Looking to diversify beyond FLCV? The ETFs below have the lowest correlation with FLCV — 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 FLCV.
Best Diversifiers for FLCV
298 ETFs have low correlation with FLCV (below 0.3), 29 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 60 | Inverse Equities, Leveraged Equities | FLCV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 53 | Inverse Equities | FLCV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | -0.36 | -0.36 | 65 | Derivative Income | FLCV vs WNTR | |
| ProShares UltraShort Yen | -0.20 | — | — | 75 | Leveraged Currency | FLCV vs YCS | |
| Return Stacked Bonds & Futures Yield ETF | -0.17 | -0.12 | -0.12 | 51 | Multistrategy | FLCV vs RSBY |
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