Looking to balance out your exposure to FLUT? The ETFs below have the lowest correlation with FLUT — they tend to move on their own, which can help reduce risk when FLUT drops. The stock ideas table highlights individual companies that behave independently from FLUT.
Best Diversifiers for FLUT
1 ETFs have low correlation with FLUT (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.24, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.24 | 0.35 | 0.33 | 73 | Nasdaq-100 | FLUT vs QQQ | |
| Vanguard S&P 500 ETF | 0.32 | 0.39 | 0.35 | 70 | S&P 500 | FLUT vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLUT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLUT and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.16 | -0.03 | 0.00 | 69 | Consumer Defensive | |
| British American Tobacco p.l.c. | -0.04 | 0.07 | 0.11 | 77 | Consumer Defensive | |
| Eli Lilly and Company | -0.02 | 0.07 | 0.05 | 72 | Healthcare | |
| Anheuser-Busch InBev SA/NV | -0.01 | 0.11 | 0.18 | 54 | Consumer Defensive | |
| Howmet Aerospace Inc. | 0.02 | 0.21 | 0.23 | 79 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FLUT
Add FLUT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLUT