Looking to diversify beyond FLEE? The ETFs below have the lowest correlation with FLEE — 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 FLEE.
Best Diversifiers for FLEE
290 ETFs have low correlation with FLEE (below 0.3), 75 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.25 | -0.20 | 61 | Leveraged Currency | FLEE vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.13 | 0.05 | 71 | Oil & Gas | FLEE vs DBE | |
| United States Brent Oil Fund LP | -0.40 | -0.12 | 0.05 | 65 | Oil & Gas | FLEE vs BNO | |
| United States Oil Fund LP | -0.39 | -0.12 | 0.05 | 66 | Oil & Gas | FLEE vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.37 | — | — | 56 | Derivative Income | FLEE vs USOY |
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