Looking to diversify beyond FLRT? The ETFs below have the lowest correlation with FLRT — 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 FLRT.
Best Diversifiers for FLRT
832 ETFs have low correlation with FLRT (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.12, roughly unchanged from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.12 | -0.09 | -0.10 | 63 | Leveraged Currency | FLRT vs YCS | |
| Breakwave Tanker Shipping ETF | -0.10 | -0.05 | — | 98 | Commodities | FLRT vs BWET | |
| SGI Enhanced Core ETF | -0.10 | -0.02 | -0.02 | 95 | Intermediate Core Bond | FLRT vs USDX | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.10 | — | — | 53 | Commodities | FLRT vs CERY | |
| United States Gasoline Fund LP | -0.09 | 0.02 | 0.03 | 55 | Oil & Gas | FLRT vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLRT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLRT and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.05 | 0.07 | 72 | Consumer Defensive | |
| PG&E Corporation | -0.02 | 0.09 | 0.11 | 66 | Utilities | |
| Leonardo SpA ADR | 0.04 | 0.13 | 0.13 | 52 | Industrials | |
| Dow Inc. | 0.05 | 0.13 | 0.16 | 55 | Basic Materials | |
| International Seaways, Inc. | 0.07 | 0.13 | 0.12 | 97 | Energy |
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