Looking to diversify beyond FSMB? The ETFs below have the lowest correlation with FSMB — 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 FSMB.
Best Diversifiers for FSMB
1847 ETFs have low correlation with FSMB (below 0.3), 90 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.28 | -0.29 | 75 | Leveraged Currency | FSMB vs YCS | |
| Bastion Energy ETF | -0.21 | — | — | 86 | Energy Equities | FSMB vs BESF | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.20 | -0.08 | -0.03 | 51 | Commodities | FSMB vs PDBC | |
| VanEck CMCI Commodity Strategy ETF | -0.17 | — | — | 66 | Commodities | FSMB vs CMCI | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.17 | -0.03 | 0.00 | 52 | Commodities | FSMB vs CMDY |
See all 2052 diversifiers for FSMB
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