Looking to diversify beyond FLTR? The ETFs below have the lowest correlation with FLTR — 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 FLTR.
Best Diversifiers for FLTR
2057 ETFs have low correlation with FLTR (below 0.3), 132 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.30 | -0.30 | -0.30 | 99 | Leveraged Equities, Semiconductors | FLTR vs MUU | |
| Breakwave Dry Bulk Shipping ETF | -0.15 | -0.02 | -0.01 | 72 | Commodities | FLTR vs BDRY | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.11 | — | — | 70 | Derivative Income | FLTR vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.11 | -0.14 | -0.14 | 56 | Inverse Equities | FLTR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.11 | -0.14 | -0.14 | 65 | Inverse Equities, Leveraged Equities | FLTR vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLTR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLTR and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of -0.06, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | -0.06 | 0.03 | 0.06 | 69 | Real Estate | |
| Altria Group, Inc. | -0.04 | 0.01 | 0.06 | 78 | Consumer Defensive | |
| Equinor ASA | -0.04 | 0.03 | 0.08 | 77 | Energy | |
| TotalEnergies SE | -0.03 | 0.07 | 0.05 | 80 | Energy | |
| Energy Transfer LP | -0.02 | 0.09 | 0.14 | 83 | Energy |
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