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
1596 ETFs have low correlation with FLTB (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.40, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | -0.43 | -0.49 | 61 | Leveraged Currency | FLTB vs YCS | |
| Fidelity Managed Futures ETF | -0.22 | — | — | 64 | Systematic Trend | FLTB vs FFUT | |
| Bastion Energy ETF | -0.20 | — | — | 75 | Energy Equities | FLTB vs BESF | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | FLTB vs RBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.18 | -0.04 | 0.05 | 100 | Government Bonds, Ultrashort Bond | FLTB vs BIL |
See all 2074 diversifiers for FLTB
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