Looking to diversify beyond FMDE? The ETFs below have the lowest correlation with FMDE — 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 FMDE.
Best Diversifiers for FMDE
278 ETFs have low correlation with FMDE (below 0.3), 30 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.17 | — | — | 61 | Leveraged Currency | FMDE vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | FMDE vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | FMDE vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | FMDE vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | — | — | 100 | Government Bonds, Ultrashort Bond | FMDE vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FMDE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FMDE and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.30 | — | — | 76 | Technology | |
| Tesla, Inc. | 0.40 | — | — | 59 | Consumer Cyclical |
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