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
1865 ETFs have low correlation with FSMB (below 0.3), 55 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 | -0.27 | -0.29 | 61 | Leveraged Currency | FSMB vs YCS | |
| Bastion Energy ETF | -0.18 | — | — | 75 | Energy Equities | FSMB vs BESF | |
| VanEck Commodity Strategy ETF | -0.17 | -0.06 | -0.04 | 55 | Commodities | FSMB vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.17 | — | — | 50 | Commodities | FSMB vs CERY | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.16 | -0.04 | -0.00 | 54 | Commodities | FSMB vs COM |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FSMB
Add FSMB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSMB