Looking to diversify beyond FMKT? The ETFs below have the lowest correlation with FMKT — 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 FMKT.
Best Diversifiers for FMKT
408 ETFs have low correlation with FMKT (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.11, roughly unchanged from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.11 | -0.11 | -0.11 | 61 | Leveraged Currency | FMKT vs YCS | |
| ProShares Ultra Bloomberg Crude Oil | -0.10 | -0.10 | -0.10 | 54 | Leveraged Commodities | FMKT vs UCO | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.09 | -0.09 | -0.09 | 64 | Commodities | FMKT vs USOI | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | -0.09 | -0.09 | 100 | Ultrashort Bond | FMKT vs CSHP | |
| Brookstone Ultra-Short Bond ETF | -0.09 | -0.09 | -0.09 | 98 | Ultrashort Bond | FMKT vs BAMU |
See all 2072 diversifiers for FMKT
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