Looking to diversify beyond FEMB? The ETFs below have historically moved differently from FEMB, 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 FEMB
379 ETFs have low correlation with FEMB (below 0.3), 91 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.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.40 | -0.41 | 56 | Leveraged Currency | FEMB vs YCS | |
| United States Oil Fund LP | -0.34 | -0.14 | -0.01 | 55 | Oil & Gas | FEMB vs USO | |
| United States Brent Oil Fund LP | -0.34 | -0.13 | -0.01 | 52 | Oil & Gas | FEMB vs BNO | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 61 | Inverse Equities, Leveraged Equities | FEMB vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | -0.26 | -0.26 | 52 | Inverse Equities | FEMB vs SMST |
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