17 Stocks and 83 ETFs for diversifying FDEM (FIDELITY EMERGING MARKETS MULTIFACTOR ETF)
The least correlated asset to FDEM (FIDELITY EMERGING MARKETS MULTIFACTOR ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.9443.
Stocks that lowly correlated with FDEM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.64 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.58 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.55 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.52 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.48 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.48 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.45 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.44 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.44 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.43 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.43 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.42 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.41 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.41 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.40 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.40 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.40 |