Looking to diversify beyond FLXR? The ETFs below have the lowest correlation with FLXR — 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 FLXR.
Best Diversifiers for FLXR
404 ETFs have low correlation with FLXR (below 0.3), 82 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.46 | — | — | 51 | Currency | FLXR vs UUP | |
| ProShares UltraShort Yen | -0.44 | — | — | 72 | Leveraged Currency | FLXR vs YCS | |
| Invesco DB Energy Fund | -0.37 | — | — | 53 | Oil & Gas | FLXR vs DBE | |
| United States Gasoline Fund LP | -0.35 | — | — | 78 | Oil & Gas | FLXR vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.30 | -0.22 | -0.22 | 51 | Commodities | FLXR vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FLXR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FLXR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Capital Allocation Term Trust | 0.33 | — | — | 94 | Financial Services |
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