Looking to diversify beyond FMUN? The ETFs below have historically moved differently from FMUN, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FMUN
1851 ETFs have low correlation with FMUN (below 0.3), 94 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | — | — | 59 | Leveraged Currency | FMUN vs YCS | |
| Invesco DB Energy Fund | -0.27 | -0.22 | -0.22 | 53 | Oil & Gas | FMUN vs DBE | |
| SPDR S&P Oil & Gas Exploration & Production ETF | -0.26 | -0.17 | -0.17 | 50 | Energy Equities | FMUN vs XOP | |
| iShares U.S. Oil & Gas Exploration & Production ET... | -0.26 | — | — | 59 | Energy Equities | FMUN vs IEO | |
| Strive U.S. Energy ETF | -0.26 | -0.17 | -0.17 | 61 | Energy Equities | FMUN vs DRLL |
See all 2174 diversifiers for FMUN
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FMUN
Add FMUN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FMUN