Looking to diversify beyond FLDZ? The ETFs below have the lowest correlation with FLDZ — 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 FLDZ.
Best Diversifiers for FLDZ
408 ETFs have low correlation with FLDZ (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.20, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.20 | 0.01 | — | 71 | Oil & Gas | FLDZ vs DBE | |
| United States Oil Fund LP | -0.18 | 0.01 | — | 66 | Oil & Gas | FLDZ vs USO | |
| United States Brent Oil Fund LP | -0.18 | 0.02 | — | 65 | Oil & Gas | FLDZ vs BNO | |
| United States 12 Month Oil Fund LP | -0.18 | 0.04 | 0.13 | 56 | Oil & Gas | FLDZ vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.17 | 0.04 | — | 55 | Oil & Gas | FLDZ vs OILK |
See all 2106 diversifiers for FLDZ
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