Looking to diversify beyond FLGR? The ETFs below have historically moved differently from FLGR, 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 FLGR
330 ETFs have low correlation with FLGR (below 0.3), 90 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.44, 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 |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | -0.37 | -0.37 | 61 | Inverse Equities, Leveraged Equities | FLGR vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 52 | Inverse Equities | FLGR vs SMST | |
| ProShares Short Bitcoin ETF | -0.43 | -0.32 | — | 61 | Cryptocurrency | FLGR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FLGR vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.42 | -0.40 | -0.40 | 75 | Derivative Income | FLGR vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FLGR, 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 Deutsche Bank Aktiengesellschaft (DB) (Financial Services) with a 1Y correlation of 0.76, roughly unchanged from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Deutsche Bank Aktiengesellschaft | 0.76 | 0.68 | 0.69 | 57 | Financial Services |
Build a portfolio that complements FLGR
Add FLGR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLGR