Looking to diversify beyond FTMN? The ETFs below have the lowest correlation with FTMN — 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 FTMN.
Best Diversifiers for FTMN
1770 ETFs have low correlation with FTMN (below 0.3), 131 of which are negatively correlated. The least correlated is DoubleLine Commodity Strategy ETF (DCMT) (Commodities) with a 1Y correlation of -0.35, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Commodity Strategy ETF | -0.35 | -0.35 | -0.35 | 76 | Commodities | FTMN vs DCMT | |
| Invesco DB Energy Fund | -0.35 | -0.35 | -0.35 | 71 | Oil & Gas | FTMN vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.34 | -0.34 | -0.34 | 55 | Oil & Gas | FTMN vs OILK | |
| United States 12 Month Oil Fund LP | -0.33 | -0.33 | -0.33 | 56 | Oil & Gas | FTMN vs USL | |
| Texas Capital Texas Oil Index ETF | -0.33 | -0.33 | -0.33 | 51 | Energy Equities | FTMN vs OILT |
See all 2091 diversifiers for FTMN
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