Looking to diversify beyond FLDR? The ETFs below have historically moved differently from FLDR, 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 FLDR
1963 ETFs have low correlation with FLDR (below 0.3), 106 of which are negatively correlated. The least correlated is FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) (Nontraditional Bonds) with a 1Y correlation of -0.30, roughly unchanged from -0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FolioBeyond Alternative Income and Interest Rate H... | -0.30 | -0.37 | -0.37 | 51 | Nontraditional Bonds | FLDR vs RISR | |
| ProShares UltraShort Yen | -0.27 | -0.34 | -0.31 | 59 | Leveraged Currency | FLDR vs YCS | |
| MicroSectors Energy 3X Leveraged ETN | -0.23 | -0.13 | — | 55 | Leveraged Equities | FLDR vs WTIU | |
| Invesco DB Energy Fund | -0.22 | -0.16 | -0.11 | 66 | Oil & Gas | FLDR vs DBE | |
| Invesco DB Oil Fund | -0.22 | -0.15 | -0.11 | 51 | Oil & Gas | FLDR vs DBO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FLDR, 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 Plains All American Pipeline, L.P. (PAA) (Energy) with a 1Y correlation of -0.16, down from -0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Plains All American Pipeline, L.P. | -0.16 | -0.05 | -0.04 | 93 | Energy | |
| NVIDIA Corporation | 0.06 | -0.00 | 0.03 | 61 | Technology | |
| Intel Corporation | 0.08 | 0.02 | 0.04 | 98 | Technology | |
| Amazon.com, Inc | 0.08 | 0.04 | 0.08 | 72 | Consumer Cyclical | |
| Pfizer Inc. | 0.09 | 0.11 | 0.11 | 62 | Healthcare |
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