Looking to diversify beyond FEDM? The ETFs below have the lowest correlation with FEDM — 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 FEDM.
Best Diversifiers for FEDM
272 ETFs have low correlation with FEDM (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, roughly unchanged from -0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.26 | — | 61 | Leveraged Currency | FEDM vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | — | — | 97 | Inflation-Protected Bonds | FEDM vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | FEDM vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | 0.07 | 0.07 | 95 | Inflation-Protected Bonds | FEDM vs IBID | |
| TCW AAA CLO ETF | -0.14 | -0.06 | -0.06 | 99 | CLO | FEDM vs ACLO |
See all 2068 diversifiers for FEDM
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Diversification Analysis
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