Looking to diversify beyond FEM? The ETFs below have the lowest correlation with FEM — 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 FEM.
Best Diversifiers for FEM
436 ETFs have low correlation with FEM (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.43 | -0.45 | 51 | Currency | FEM vs UUP | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FEM vs SBIT | |
| ProShares Short Bitcoin ETF | -0.37 | -0.29 | -0.29 | 57 | Cryptocurrency | FEM vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.31 | — | — | 60 | Inverse Equities | FEM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 68 | Inverse Equities, Leveraged Equities | FEM vs MSTZ |
See all 2045 diversifiers for FEM
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