Looking to diversify beyond FLQS? The ETFs below have the lowest correlation with FLQS — 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 FLQS.
Best Diversifiers for FLQS
362 ETFs have low correlation with FLQS (below 0.3), 61 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.32, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | -0.34 | -0.34 | 61 | Inverse Equities, Leveraged Equities | FLQS vs MSTZ | |
| Invesco DB Energy Fund | -0.32 | -0.07 | 0.08 | 58 | Oil & Gas | FLQS vs DBE | |
| Defiance Daily Target 2X Short MSTR ETF | -0.31 | -0.34 | -0.34 | 53 | Inverse Equities | FLQS vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 69 | Derivative Income | FLQS vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.27 | -0.09 | 0.02 | 53 | Options Trading | FLQS vs CAOS |
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