Looking to diversify beyond FXL? The ETFs below have the lowest correlation with FXL — 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 FXL.
Best Diversifiers for FXL
365 ETFs have low correlation with FXL (below 0.3), 41 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.17, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.17 | -0.03 | 0.06 | 55 | Oil & Gas | FXL vs UGA | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 95 | Inflation-Protected Bonds | FXL vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | FXL vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.12 | — | — | 98 | Ultrashort Bond | FXL vs BAMU | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.05 | -0.02 | 100 | Government Bonds, Ultrashort Bond | FXL vs USFR |
See all 1952 diversifiers for FXL
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