Looking to balance out your exposure to FMS? The ETFs below have the lowest correlation with FMS — they tend to move on their own, which can help reduce risk when FMS drops. The stock ideas table highlights individual companies that behave independently from FMS.
Best Diversifiers for FMS
2 ETFs have low correlation with FMS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.20, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.20 | 0.23 | 0.29 | 70 | S&P 500 | FMS vs VOO | |
| State Street SPDR S&P 500 ETF | 0.20 | 0.23 | 0.29 | 70 | S&P 500 | FMS vs SPY |
Diversification Analysis
Build a portfolio that complements FMS
Add FMS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FMS