Looking to diversify beyond FLTB? The ETFs below have the lowest correlation with FLTB — 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 FLTB.
Best Diversifiers for FLTB
1549 ETFs have low correlation with FLTB (below 0.3), 93 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.40, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.40 | -0.38 | -0.38 | 51 | Currency | FLTB vs UUP | |
| ProShares UltraShort Yen | -0.38 | -0.42 | -0.48 | 72 | Leveraged Currency | FLTB vs YCS | |
| United States Gasoline Fund LP | -0.31 | -0.21 | -0.12 | 78 | Oil & Gas | FLTB vs UGA | |
| Invesco DB Energy Fund | -0.29 | -0.18 | -0.12 | 53 | Oil & Gas | FLTB vs DBE | |
| DoubleLine Commodity Strategy ETF | -0.26 | — | — | 51 | Commodities | FLTB vs DCMT |
See all 2045 diversifiers for FLTB
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