Looking to balance out your exposure to FEMY? The ETFs below have the lowest correlation with FEMY — they tend to move on their own, which can help reduce risk when FEMY drops. The stock ideas table highlights individual companies that behave independently from FEMY.
Best Diversifiers for FEMY
1 ETFs have low correlation with FEMY (below 0.3), 1 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.10, down from 0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.10 | 0.05 | — | 63 | Energy Equities | FEMY vs XLE |
Diversification Analysis
Build a portfolio that complements FEMY
Add FEMY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FEMY