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
2040 ETFs have low correlation with FUMB (below 0.3), 164 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.17, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.17 | -0.19 | -0.19 | 51 | Currency | FUMB vs UUP | |
| United States Gasoline Fund LP | -0.16 | -0.06 | -0.02 | 78 | Oil & Gas | FUMB vs UGA | |
| ProShares UltraShort Yen | -0.16 | -0.19 | -0.19 | 72 | Leveraged Currency | FUMB vs YCS | |
| Invesco DB Energy Fund | -0.14 | -0.09 | -0.02 | 53 | Oil & Gas | FUMB vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | -0.08 | -0.02 | 51 | Commodities | FUMB vs GSG |
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