Looking to diversify beyond FLQS? The ETFs below have historically moved differently from FLQS, 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 FLQS
301 ETFs have low correlation with FLQS (below 0.3), 71 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.36, down from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.36 | -0.09 | 0.07 | 53 | Oil & Gas | FLQS vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | -0.02 | 0.11 | 50 | Commodities | FLQS vs GSG | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.29 | -0.33 | -0.33 | 63 | Derivative Income | FLQS vs WNTR | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.28 | -0.01 | 0.12 | 58 | Commodities | FLQS vs PDBC | |
| United States Gasoline Fund, LP | -0.28 | -0.05 | 0.07 | 74 | Oil & Gas | FLQS vs UGA |
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