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
309 ETFs have low correlation with FLSW (below 0.3), 76 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.48, down from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.48 | -0.32 | -0.27 | 61 | Leveraged Currency | FLSW vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.19 | -0.03 | 71 | Oil & Gas | FLSW vs DBE | |
| United States Brent Oil Fund LP | -0.39 | -0.18 | -0.04 | 65 | Oil & Gas | FLSW vs BNO | |
| United States Oil Fund LP | -0.38 | -0.17 | -0.03 | 66 | Oil & Gas | FLSW vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.38 | -0.22 | -0.22 | 56 | Derivative Income | FLSW vs USOY |
See all 2112 diversifiers for FLSW
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FLSW
Add FLSW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLSW