Looking to diversify beyond FESM? The ETFs below have the lowest correlation with FESM — 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 FESM.
Best Diversifiers for FESM
288 ETFs have low correlation with FESM (below 0.3), 38 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | FESM vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | FESM vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.18 | — | — | 100 | Government Bonds, Ultrashort Bond | FESM vs USFR | |
| ProShares UltraShort Yen | -0.18 | — | — | 61 | Leveraged Currency | FESM vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | — | — | 99 | Ultrashort Bond | FESM vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FESM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FESM and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.11, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.11 | 0.13 | 0.13 | 68 | Energy | |
| The TJX Companies, Inc. | 0.19 | 0.33 | 0.33 | 87 | Consumer Cyclical | |
| Merck & Co., Inc. | 0.24 | 0.13 | 0.13 | 88 | Healthcare | |
| Amgen Inc. | 0.31 | 0.34 | 0.34 | 66 | Healthcare | |
| Apple Inc | 0.35 | 0.36 | 0.36 | 88 | Technology |
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