Looking to diversify beyond FLIA? The ETFs below have the lowest correlation with FLIA — 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 FLIA.
Best Diversifiers for FLIA
840 ETFs have low correlation with FLIA (below 0.3), 94 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.44, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.44 | -0.22 | -0.14 | 53 | Oil & Gas | FLIA vs DBE | |
| ProShares UltraShort Yen | -0.43 | -0.34 | -0.36 | 72 | Leveraged Currency | FLIA vs YCS | |
| United States Gasoline Fund LP | -0.40 | -0.18 | -0.10 | 78 | Oil & Gas | FLIA vs UGA | |
| Invesco DB US Dollar Index Bullish Fund | -0.39 | -0.26 | -0.22 | 51 | Currency | FLIA vs UUP | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.39 | -0.19 | -0.10 | 51 | Commodities | FLIA vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLIA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLIA and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.16, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.16 | 0.15 | 0.12 | 91 | Technology |
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