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
398 ETFs have low correlation with FLQS (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.03 | 0.10 | 71 | Oil & Gas | FLQS vs DBE | |
| United States Oil Fund LP | -0.31 | -0.03 | 0.09 | 66 | Oil & Gas | FLQS vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.31 | 0.00 | 0.11 | 55 | Oil & Gas | FLQS vs OILK | |
| Invesco DB Oil Fund | -0.30 | -0.01 | 0.10 | 65 | Oil & Gas | FLQS vs DBO | |
| United States 12 Month Oil Fund LP | -0.30 | -0.00 | 0.11 | 56 | Oil & Gas | FLQS vs USL |
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