Looking to diversify beyond FLM? The ETFs below have historically moved differently from FLM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FLM
2245 ETFs have low correlation with FLM (below 0.3), 210 of which are negatively correlated. The least correlated is Rayliant Wilshire NxtGen Emerging Markets Equity ETF (RWEM) (Emerging Markets Equities) with a 1Y correlation of -0.29, roughly unchanged from -0.29 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rayliant Wilshire NxtGen Emerging Markets Equity E... | -0.29 | -0.29 | — | 54 | Emerging Markets Equities | FLM vs RWEM | |
| TCW AAA CLO ETF | -0.28 | -0.28 | -0.28 | 99 | CLO | FLM vs ACLO | |
| Obra High Grade Structured Products ETF | -0.28 | -0.28 | -0.28 | 98 | Multisector Bonds | FLM vs OGSP | |
| Eldridge AAA CLO ETF | -0.28 | -0.28 | -0.28 | 98 | CLO | FLM vs CLOX | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.26 | -0.26 | -0.26 | 96 | Inflation-Protected Bonds | FLM vs IBID |
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