Looking to diversify beyond FEMR? The ETFs below have the lowest correlation with FEMR — 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 FEMR.
Best Diversifiers for FEMR
433 ETFs have low correlation with FEMR (below 0.3), 65 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.39, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | -0.38 | -0.38 | 53 | Inverse Equities | FEMR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.38 | -0.38 | 60 | Inverse Equities, Leveraged Equities | FEMR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 65 | Derivative Income | FEMR vs WNTR | |
| ProShares UltraShort Yen | -0.22 | — | — | 75 | Leveraged Currency | FEMR vs YCS | |
| Return Stacked Bonds & Futures Yield ETF | -0.19 | -0.22 | -0.22 | 51 | Multistrategy | FEMR vs RSBY |
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