Looking to diversify beyond FLXN? The ETFs below have the lowest correlation with FLXN — 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 FLXN.
Best Diversifiers for FLXN
2 ETFs have low correlation with FLXN (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Horizon Landmark ETF | -0.02 | — | — | 98 | Ultrashort Bond | FLXN vs BENJ | |
| Horizon Kinetics Energy Remediation ETF | 0.10 | — | — | 65 | Energy Equities | FLXN vs NVIR | |
| Horizon Kinetics Medical ETF | 0.30 | — | — | 59 | Health & Biotech Equities | FLXN vs MEDX | |
| ProShares High Yield-Interest Rate Hedged | 0.39 | — | — | 59 | High Yield Bonds | FLXN vs HYHG | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 0.40 | — | — | 90 | High Yield Bonds | FLXN vs HYZD |
See all 26 diversifiers for FLXN
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Diversification Analysis
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