Looking to balance out your exposure to FLO? The ETFs below have the lowest correlation with FLO — they tend to move on their own, which can help reduce risk when FLO drops. The stock ideas table highlights individual companies that behave independently from FLO.
Best Diversifiers for FLO
2 ETFs have low correlation with FLO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.06, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.06 | 0.13 | 0.19 | 60 | S&P 500 | FLO vs VOO | |
| State Street SPDR S&P 500 ETF | 0.06 | 0.12 | 0.18 | 60 | S&P 500 | FLO vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.43 | 0.46 | 0.45 | 77 | Dividend | FLO vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLO and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GE Vernova Inc. | -0.19 | — | — | 89 | Industrials | |
| General Electric Company | -0.07 | 0.01 | 0.09 | 80 | Industrials | |
| Lockheed Martin Corporation | 0.05 | 0.18 | 0.20 | 52 | Industrials | |
| JPMorgan Chase & Co. | 0.07 | 0.15 | 0.19 | 68 | Financial Services | |
| BorgWarner Inc. | 0.08 | 0.19 | 0.22 | 93 | Consumer Cyclical |
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