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
349 ETFs have low correlation with FLDZ (below 0.3), 26 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.33, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | -0.37 | -0.37 | 51 | Derivative Income | FLDZ vs WNTR | |
| ProShares UltraShort Yen | -0.19 | -0.09 | — | 73 | Leveraged Currency | FLDZ vs YCS | |
| United States Gasoline Fund LP | -0.15 | 0.01 | 0.11 | 60 | Oil & Gas | FLDZ vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.02 | — | 100 | Government Bonds, Ultrashort Bond | FLDZ vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | — | — | 97 | Inflation-Protected Bonds | FLDZ vs RBIL |
See all 1938 diversifiers for FLDZ
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