Looking to diversify beyond FMAY? The ETFs below have historically moved differently from FMAY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FMAY
447 ETFs have low correlation with FMAY (below 0.3), 87 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 52 | Inverse Equities | FMAY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 61 | Inverse Equities, Leveraged Equities | FMAY vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.46 | — | — | 75 | Derivative Income | FMAY vs WNTR | |
| ProShares Short Bitcoin ETF | -0.45 | -0.36 | — | 61 | Cryptocurrency | FMAY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FMAY vs SBIT |
See all 2237 diversifiers for FMAY
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