Looking to diversify beyond FLUD? The ETFs below have historically moved differently from FLUD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FLUD
2233 ETFs have low correlation with FLUD (below 0.3), 150 of which are negatively correlated. The least correlated is iPath Bloomberg Commodity Index Total Return ETN (DJP) (Commodities) with a 1Y correlation of -0.19, down from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iPath Bloomberg Commodity Index Total Return ETN | -0.19 | -0.04 | -0.02 | 78 | Commodities | FLUD vs DJP | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | -0.19 | -0.05 | -0.02 | 76 | Commodities | FLUD vs BCI | |
| abrdn Bloomberg All Commodity Longer Dated Strateg... | -0.19 | -0.04 | -0.03 | 75 | Commodities | FLUD vs BCD | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.19 | -0.04 | -0.02 | 75 | Commodities | FLUD vs CMDY | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.18 | -0.03 | -0.01 | 76 | Commodities | FLUD vs COMB |
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