Looking to diversify beyond FMCX? The ETFs below have the lowest correlation with FMCX — 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 FMCX.
Best Diversifiers for FMCX
318 ETFs have low correlation with FMCX (below 0.3), 41 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.25 | -0.08 | 0.02 | 55 | Oil & Gas | FMCX vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | FMCX vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | FMCX vs RBIL | |
| ProShares UltraShort Yen | -0.18 | -0.03 | — | 63 | Leveraged Currency | FMCX vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.04 | — | 100 | Government Bonds, Ultrashort Bond | FMCX vs USFR |
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