Looking to diversify beyond FLLV? The ETFs below have the lowest correlation with FLLV — 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 FLLV.
Best Diversifiers for FLLV
286 ETFs have low correlation with FLLV (below 0.3), 18 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.09 | -0.07 | 63 | Leveraged Currency | FLLV vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.03 | -0.01 | 100 | Government Bonds, Ultrashort Bond | FLLV vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.09 | -0.04 | -0.01 | 100 | Ultrashort Bond | FLLV vs SGOV | |
| United States Gasoline Fund LP | -0.08 | 0.02 | 0.11 | 55 | Oil & Gas | FLLV vs UGA | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.07 | -0.02 | 100 | Government Bonds, Ultrashort Bond | FLLV vs BIL |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FLLV
Add FLLV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLLV