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
1 ETFs have low correlation with FLXN (below 0.3), 1 of which are negatively correlated. The least correlated is iShares iBonds 2025 Term High Yield & Income ETF (IBHE) (High Yield Bonds) with a 1Y correlation of -0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | -0.01 | -0.01 | -0.01 | 97 | High Yield Bonds | FLXN vs IBHE | |
| Horizon Kinetics Medical ETF | 0.39 | 0.39 | — | 50 | Health & Biotech Equities | FLXN vs MEDX | |
| Pacific Global Senior Loan ETF | 0.40 | 0.40 | 0.40 | 85 | High Yield Bonds | FLXN vs FLRT | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 0.42 | 0.42 | 0.42 | 81 | High Yield Bonds | FLXN vs HYZD | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 0.49 | 0.49 | 0.49 | 76 | High Yield Bonds | FLXN vs HYEM |
See all 17 diversifiers for FLXN
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