Looking to diversify beyond FLLA? The ETFs below have the lowest correlation with FLLA — 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 FLLA.
Best Diversifiers for FLLA
341 ETFs have low correlation with FLLA (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.18 | -0.14 | 61 | Leveraged Currency | FLLA vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | FLLA vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | FLLA vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.18 | -0.07 | -0.05 | 100 | Ultrashort Bond | FLLA vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.16 | -0.08 | -0.01 | 100 | Government Bonds, Ultrashort Bond | FLLA vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLLA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLLA and solid risk/return profiles. The least correlated is Brookfield Renewable Corporation (BEPC) (Utilities) with a 1Y correlation of 0.27, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brookfield Renewable Corporation | 0.27 | 0.28 | 0.28 | 64 | Utilities | |
| Amazon.com, Inc | 0.29 | 0.29 | 0.30 | 52 | Consumer Cyclical |
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