Looking to diversify beyond FGSM? The ETFs below have the lowest correlation with FGSM — 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 FGSM.
Best Diversifiers for FGSM
260 ETFs have low correlation with FGSM (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.14 | -0.14 | 61 | Leveraged Currency | FGSM vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | -0.18 | -0.18 | 97 | Inflation-Protected Bonds | FGSM vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | -0.21 | -0.21 | 98 | Inflation-Protected Bonds | FGSM vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.09 | -0.09 | 100 | Government Bonds, Ultrashort Bond | FGSM vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | -0.04 | -0.04 | 99 | Ultrashort Bond | FGSM vs CSHP |
See all 2067 diversifiers for FGSM
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