Looking to diversify beyond FEMS? The ETFs below have the lowest correlation with FEMS — 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 FEMS.
Best Diversifiers for FEMS
331 ETFs have low correlation with FEMS (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.20 | -0.15 | 61 | Leveraged Currency | FEMS vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | FEMS vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.14 | -0.14 | 97 | Inflation-Protected Bonds | FEMS vs RBIL | |
| iShares Diversified Commodity Swap UCITS ETF | -0.13 | -0.02 | -0.02 | 77 | Commodities | FEMS vs ISCMF | |
| Brookstone Ultra-Short Bond ETF | -0.12 | -0.00 | -0.00 | 98 | Ultrashort Bond | FEMS vs BAMU |
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