Looking to diversify beyond FGM? The ETFs below have the lowest correlation with FGM — 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 FGM.
Best Diversifiers for FGM
297 ETFs have low correlation with FGM (below 0.3), 39 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.32, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.32 | -0.23 | -0.23 | 97 | Inflation-Protected Bonds | FGM vs RBIL | |
| ProShares UltraShort Yen | -0.32 | -0.21 | -0.14 | 61 | Leveraged Currency | FGM vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.26 | -0.03 | -0.03 | 98 | Inflation-Protected Bonds | FGM vs IBIC | |
| TCW AAA CLO ETF | -0.16 | -0.11 | -0.11 | 99 | CLO | FGM vs ACLO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | 0.02 | 0.02 | 95 | Inflation-Protected Bonds | FGM vs IBID |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FGM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FGM and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.37, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.37 | 0.33 | 0.37 | 76 | Technology |
Build a portfolio that complements FGM
Add FGM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FGM