Looking to diversify beyond FEMB? The ETFs below have the lowest correlation with FEMB — 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 FEMB.
Best Diversifiers for FEMB
277 ETFs have low correlation with FEMB (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.40 | -0.41 | 61 | Leveraged Currency | FEMB vs YCS | |
| TCW AAA CLO ETF | -0.23 | — | — | 99 | CLO | FEMB vs ACLO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | -0.14 | -0.14 | 97 | Inflation-Protected Bonds | FEMB vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.19 | -0.05 | -0.05 | 99 | Ultrashort Bond | FEMB vs CSHP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | 0.17 | 0.17 | 98 | Inflation-Protected Bonds | FEMB vs IBIC |
See all 2074 diversifiers for FEMB
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