Looking to diversify beyond FUMB? The ETFs below have the lowest correlation with FUMB — 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 FUMB.
Best Diversifiers for FUMB
2112 ETFs have low correlation with FUMB (below 0.3), 177 of which are negatively correlated. The least correlated is Defiance Oil Enhanced Options Income ETF (USOY) (Derivative Income) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | -0.18 | -0.18 | -0.18 | 56 | Derivative Income | FUMB vs USOY | |
| ProShares UltraShort Yen | -0.18 | -0.20 | -0.19 | 61 | Leveraged Currency | FUMB vs YCS | |
| Breakwave Dry Bulk Shipping ETF | -0.16 | -0.02 | -0.03 | 85 | Commodities | FUMB vs BDRY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.14 | -0.10 | -0.04 | 55 | Oil & Gas | FUMB vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.14 | -0.09 | -0.04 | 54 | Leveraged Commodities | FUMB vs UCO |
See all 2115 diversifiers for FUMB
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