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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

517 ETFs have low correlation with FLIN (below 0.3), 56 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.03 over 5 years.


See all 1950 diversifiers for FLIN

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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 ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.17, down from 0.11 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
ConocoPhillips Company-0.170.010.11
65
Energy
Exxon Mobil Corporation-0.140.030.12
72
Energy
BP p.l.c.-0.140.060.15
77
Energy
Altria Group, Inc.-0.100.040.12
72
Consumer Defensive
Chevron Corporation-0.100.060.14
70
Energy
See all 122 low-correlation stocks for FLIN

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Diversification Analysis

Build a portfolio that complements FLIN

Add FLIN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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