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
1764 ETFs have low correlation with FMUN (below 0.3), 102 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | — | — | 61 | Leveraged Currency | FMUN vs YCS | |
| Invesco DB Oil Fund | -0.28 | — | — | 65 | Oil & Gas | FMUN vs DBO | |
| United States Brent Oil Fund LP | -0.27 | -0.22 | -0.22 | 65 | Oil & Gas | FMUN vs BNO | |
| United States Gasoline Fund LP | -0.27 | -0.22 | -0.22 | 69 | Oil & Gas | FMUN vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | — | — | 55 | Oil & Gas | FMUN vs OILK |
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