Looking to diversify beyond FLYD? The ETFs below have historically moved differently from FLYD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FLYD
2215 ETFs have low correlation with FLYD (below 0.3), 2121 of which are negatively correlated. The least correlated is Pacer US Cash Cows Growth ETF (BUL) (Mid Cap Blend Equities) with a 1Y correlation of -0.82, roughly unchanged from -0.75 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer US Cash Cows Growth ETF | -0.82 | -0.75 | — | 57 | Mid Cap Blend Equities | FLYD vs BUL | |
| Vanguard U.S. Quality Factor ETF | -0.77 | -0.76 | — | 67 | Quality Factor, Mid Cap Blend Equities | FLYD vs VFQY | |
| Sparkline Intangible Value ETF | -0.77 | -0.78 | — | 89 | Large Cap Value Equities | FLYD vs ITAN | |
| Hypatia Women CEO ETF | -0.77 | -0.73 | — | 83 | Small Cap Blend Equities | FLYD vs WCEO | |
| iShares Transportation Average ETF | -0.77 | -0.78 | — | 57 | Industrials Equities | FLYD vs IYT |
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