Looking to diversify beyond FMUN? The ETFs below have the lowest correlation with FMUN — 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 FMUN.
Best Diversifiers for FMUN
1739 ETFs have low correlation with FMUN (below 0.3), 94 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.27 | — | — | 72 | Leveraged Currency | FMUN vs YCS | |
| Invesco DB Energy Fund | -0.24 | -0.20 | -0.20 | 57 | Oil & Gas | FMUN vs DBE | |
| United States Gasoline Fund LP | -0.23 | — | — | 82 | Oil & Gas | FMUN vs UGA | |
| Invesco DWA Energy Momentum ETF | -0.22 | -0.14 | -0.14 | 57 | Momentum, Energy Equities | FMUN vs PXI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | -0.19 | -0.19 | 56 | Commodities | FMUN vs GSG |
See all 2068 diversifiers for FMUN
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Diversification Analysis
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