Looking to diversify beyond FLTW? The ETFs below have the lowest correlation with FLTW — 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 FLTW.
Best Diversifiers for FLTW
362 ETFs have low correlation with FLTW (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.14 | -0.11 | 61 | Leveraged Currency | FLTW vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | FLTW vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.07 | -0.04 | 100 | Government Bonds, Ultrashort Bond | FLTW vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | — | — | 97 | Inflation-Protected Bonds | FLTW vs RBIL | |
| iShares Diversified Commodity Swap UCITS ETF | -0.13 | -0.03 | -0.02 | 77 | Commodities | FLTW vs ISCMF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLTW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLTW and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.18, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.18 | -0.01 | 0.07 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.13 | 0.02 | 0.14 | 68 | Energy | |
| The Coca-Cola Company | -0.09 | -0.03 | 0.06 | 74 | Consumer Defensive | |
| LTC Properties, Inc. | -0.07 | 0.06 | 0.13 | 59 | Real Estate | |
| Diamondback Energy, Inc. | -0.07 | 0.09 | 0.22 | 71 | Energy |
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