Looking to diversify beyond FTMH? The ETFs below have the lowest correlation with FTMH — 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 FTMH.
Best Diversifiers for FTMH
402 ETFs have low correlation with FTMH (below 0.3), 59 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.22 | -0.22 | 75 | Leveraged Currency | FTMH vs YCS | |
| Invesco DWA Energy Momentum ETF | -0.20 | -0.20 | -0.20 | 52 | Momentum, Energy Equities | FTMH vs PXI | |
| Invesco S&P 500 Equal Weight Energy ETF | -0.20 | -0.20 | -0.20 | 52 | Energy Equities, S&P 500, Equal Weight | FTMH vs RSPG | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.20 | -0.20 | -0.20 | 65 | Commodities | FTMH vs CMDT | |
| Alerian Energy Infrastructure ETF | -0.18 | -0.18 | -0.18 | 73 | Energy Equities | FTMH vs ENFR |
See all 2024 diversifiers for FTMH
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