Looking to diversify beyond FLSW? The ETFs below have the lowest correlation with FLSW — 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 FLSW.
Best Diversifiers for FLSW
297 ETFs have low correlation with FLSW (below 0.3), 73 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.55, roughly unchanged from -0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.55 | -0.51 | -0.53 | 51 | Currency | FLSW vs UUP | |
| ProShares UltraShort Yen | -0.45 | -0.34 | -0.27 | 72 | Leveraged Currency | FLSW vs YCS | |
| Invesco DB Energy Fund | -0.39 | -0.22 | -0.05 | 53 | Oil & Gas | FLSW vs DBE | |
| United States Gasoline Fund LP | -0.35 | -0.19 | -0.05 | 78 | Oil & Gas | FLSW vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.28 | -0.11 | 0.02 | 51 | Commodities | FLSW vs GSG |
See all 2046 diversifiers for FLSW
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