Looking to diversify beyond FMUB? The ETFs below have the lowest correlation with FMUB — 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 FMUB.
Best Diversifiers for FMUB
1757 ETFs have low correlation with FMUB (below 0.3), 70 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.20 | -0.20 | 61 | Leveraged Currency | FMUB vs YCS | |
| Bastion Energy ETF | -0.28 | -0.29 | -0.29 | 75 | Energy Equities | FMUB vs BESF | |
| VanEck Commodity Strategy ETF | -0.27 | -0.20 | -0.20 | 55 | Commodities | FMUB vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.27 | — | — | 50 | Commodities | FMUB vs CERY | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.24 | -0.17 | -0.17 | 53 | Commodities | FMUB vs FTGC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FMUB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FMUB and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Royal Caribbean Cruises Ltd. | 0.26 | — | — | 52 | Consumer Cyclical |
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