Looking to diversify beyond FLRG? The ETFs below have the lowest correlation with FLRG — 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 FLRG.
Best Diversifiers for FLRG
356 ETFs have low correlation with FLRG (below 0.3), 59 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 -0.43, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.41 | -0.41 | 68 | Inverse Equities, Leveraged Equities | FLRG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.42 | -0.42 | 60 | Inverse Equities | FLRG vs SMST | |
| ProShares Short Bitcoin ETF | -0.42 | -0.34 | -0.35 | 57 | Cryptocurrency | FLRG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FLRG vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | FLRG vs WNTR |
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