Looking to balance out your exposure to FMNB? The ETFs below have the lowest correlation with FMNB — they tend to move on their own, which can help reduce risk when FMNB drops. The stock ideas table highlights individual companies that behave independently from FMNB.
Best Diversifiers for FMNB
1 ETFs have low correlation with FMNB (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) (S&P 500) with a 1Y correlation of 0.28, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.28 | 0.24 | 0.29 | 57 | S&P 500, Large Cap Growth Equities | FMNB vs SPYG | |
| Vanguard S&P 500 ETF | 0.41 | 0.37 | 0.41 | 70 | S&P 500 | FMNB vs VOO |
Diversification Analysis
Build a portfolio that complements FMNB
Add FMNB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FMNB