Looking to diversify beyond FLGR? The ETFs below have the lowest correlation with FLGR — 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 FLGR.
Best Diversifiers for FLGR
283 ETFs have low correlation with FLGR (below 0.3), 63 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 60 | Inverse Equities, Leveraged Equities | FLGR vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 53 | Inverse Equities | FLGR vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 65 | Derivative Income | FLGR vs WNTR | |
| ProShares UltraShort Yen | -0.33 | -0.25 | -0.19 | 75 | Leveraged Currency | FLGR vs YCS | |
| United States Gasoline Fund LP | -0.29 | -0.12 | 0.02 | 72 | Oil & Gas | FLGR vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLGR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLGR and solid risk/return profiles. The least correlated is Deutsche Bank Aktiengesellschaft (DB) (Financial Services) with a 1Y correlation of 0.73, roughly unchanged from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Deutsche Bank Aktiengesellschaft | 0.73 | 0.67 | 0.69 | 64 | Financial Services |
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