Looking to diversify beyond FLKR? The ETFs below have the lowest correlation with FLKR — 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 FLKR.
Best Diversifiers for FLKR
412 ETFs have low correlation with FLKR (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.27, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.27 | -0.18 | -0.18 | 63 | Leveraged Currency | FLKR vs YCS | |
| United States Gasoline Fund LP | -0.15 | -0.02 | 0.08 | 55 | Oil & Gas | FLKR vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.14 | -0.07 | -0.07 | 98 | Ultrashort Bond | FLKR vs BAMU | |
| Texas Capital Government Money Market ETF | -0.14 | -0.08 | -0.08 | 100 | Money Market | FLKR vs MMKT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | -0.01 | -0.01 | 98 | Inflation-Protected Bonds | FLKR vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLKR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLKR and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.22, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.22 | -0.04 | 0.04 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.16 | -0.03 | 0.02 | 62 | Utilities | |
| PepsiCo, Inc. | -0.14 | -0.01 | 0.06 | 61 | Consumer Defensive | |
| The Coca-Cola Company | -0.13 | 0.02 | 0.09 | 74 | Consumer Defensive | |
| The Southern Company | -0.12 | 0.01 | 0.06 | 55 | Utilities |
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