Looking to diversify beyond FMF? The ETFs below have the lowest correlation with FMF — 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 FMF.
Best Diversifiers for FMF
1778 ETFs have low correlation with FMF (below 0.3), 198 of which are negatively correlated. The least correlated is Franklin Short Duration U.S. Government ETF (FTSD) (Mortgage Backed Securities) with a 1Y correlation of -0.20, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | -0.20 | -0.13 | -0.13 | 95 | Mortgage Backed Securities | FMF vs FTSD | |
| WisdomTree 1-3 Year Laddered Treasury Fund | -0.17 | — | — | 78 | Government Bonds, Short-Term Bond | FMF vs USSH | |
| Fidelity Low Duration Bond ETF | -0.17 | — | — | 98 | Short-Term Bond | FMF vs FLDB | |
| US Treasury 2 Year Note ETF | -0.16 | -0.09 | — | 69 | Government Bonds | FMF vs UTWO | |
| Vanguard Short-Term Treasury ETF | -0.16 | -0.10 | -0.16 | 77 | Government Bonds, Short-Term Bond | FMF vs VGSH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FMF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FMF and solid risk/return profiles. The least correlated is Saia, Inc. (SAIA) (Industrials) with a 1Y correlation of 0.12, up from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Saia, Inc. | 0.12 | 0.09 | -0.01 | 77 | Industrials |
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