Looking to diversify beyond FLJH? The ETFs below have the lowest correlation with FLJH — 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 FLJH.
Best Diversifiers for FLJH
419 ETFs have low correlation with FLJH (below 0.3), 61 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.25, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | -0.27 | -0.27 | 51 | Derivative Income | FLJH vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | FLJH vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.23 | — | — | 96 | Inflation-Protected Bonds | FLJH vs IBID | |
| United States Gasoline Fund LP | -0.16 | -0.03 | 0.07 | 60 | Oil & Gas | FLJH vs UGA | |
| Alpha Architect 1-3 Month Box ETF | -0.16 | -0.04 | — | 100 | Ultrashort Bond | FLJH vs BOXX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLJH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLJH and solid risk/return profiles. The least correlated is AbbVie Inc. (ABBV) (Healthcare) with a 1Y correlation of -0.05, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AbbVie Inc. | -0.05 | 0.08 | 0.13 | 74 | Healthcare | |
| Western Midstream Partners, LP | 0.04 | 0.21 | 0.29 | 71 | Energy | |
| Walmart Inc. | 0.08 | 0.13 | 0.18 | 70 | Consumer Defensive | |
| Linde plc | 0.11 | 0.23 | 0.36 | 61 | Basic Materials | |
| StoneX Group Inc. | 0.33 | 0.33 | 0.35 | 94 | Financial Services |
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