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
581 ETFs have low correlation with FLXR (below 0.3), 84 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.48 | — | — | 63 | Leveraged Currency | FLXR vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.36 | — | — | 56 | Derivative Income | FLXR vs USOY | |
| Invesco DB Energy Fund | -0.36 | — | — | 71 | Oil & Gas | FLXR vs DBE | |
| Invesco DB Oil Fund | -0.36 | -0.27 | -0.27 | 65 | Oil & Gas | FLXR vs DBO | |
| ProShares Ultra Bloomberg Crude Oil | -0.35 | — | — | 56 | Leveraged Commodities | FLXR vs UCO |
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