Looking to diversify beyond FLIN? The ETFs below have the lowest correlation with FLIN — 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 FLIN.
Best Diversifiers for FLIN
554 ETFs have low correlation with FLIN (below 0.3), 88 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.37, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.37 | -0.12 | 0.02 | 53 | Oil & Gas | FLIN vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.31 | -0.05 | -0.05 | 98 | Inflation-Protected Bonds | FLIN vs IBIC | |
| United States Gasoline Fund LP | -0.31 | -0.10 | 0.02 | 78 | Oil & Gas | FLIN vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.31 | -0.06 | 0.06 | 51 | Commodities | FLIN vs GSG | |
| Invesco DB US Dollar Index Bullish Fund | -0.29 | -0.27 | -0.33 | 51 | Currency | FLIN vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLIN and solid risk/return profiles. The least correlated is Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.27, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.27 | -0.01 | 0.11 | 62 | Energy | |
| Waste Management, Inc. | -0.21 | -0.02 | 0.12 | 53 | Industrials | |
| Devon Energy Corporation | -0.18 | 0.06 | 0.16 | 72 | Energy | |
| ConocoPhillips Company | -0.18 | 0.00 | 0.11 | 66 | Energy | |
| Chevron Corporation | -0.17 | 0.03 | 0.14 | 70 | Energy |
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