Overview Holdings Performance Dividends Correlations

20 Stocks and 80 ETFs for diversifying FEDM (FLEXSHARES ESG & CLIMATE DEVELOPED MARKETS EX-US CORE INDEX FUND)

The least correlated asset to FEDM (FLEXSHARES ESG & CLIMATE DEVELOPED MARKETS EX-US CORE INDEX FUND) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.9868.

Stocks that lowly correlated with FEDM

Symbol	Name	Market cap	Sector	Industry	Correlation
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.75
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.62
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.53
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.52
MOBX	Mobix Labs Inc - Class A	$20M	Technology	Semiconductors	-0.51
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.49
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.44
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.43
TPET	Trio Petroleum Corp	$13M	Energy	Oil & Gas E&p	-0.42
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.42
NYAX	Nayax Ltd	$2.63B	Technology	Software - Infrastructure	-0.41
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.40
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.40
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.39
MDCX	MDCorp	$14M	Healthcare	Drug Manufacturers - General	-0.39
TURB	Turbo Energy S.A.	$7.58M	Technology	Solar	-0.39
RIBBR	Ribbon Acquisition Corp Rights	$277K	N/A	N/A	-0.39
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.39
QSEA	Quartzsea Acquisition Corp	$87M	Financial Services	Shell Companies	-0.39
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.38

ETFs that lowly correlated with FEDM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.99
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.99
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.97
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.81
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.81
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.80
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.80
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.77
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.77
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.75
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.75
EMEM	SOPHUS CAPITAL EMERGING MARKET ETF	$61M	0.65%	May 19, 2026	-0.75
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$433M	0.51%	Dec 18, 2013	-0.75
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.74
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.73
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.73
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.72
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.71
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.71
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.70
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.70
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.69
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.68
UUP	Invesco DB US Dollar Index Bullish Fund	$436M	0.75%	Feb 20, 2007	-0.68
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.67
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.67
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.66
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.66
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.66
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.65
EUO	ProShares UltraShort Euro -2X Shares	$35M	N/A	Nov 24, 2008	-0.63
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.63
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.63
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.63
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.62
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.62
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.62
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.61
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.59
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.59
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.57
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.57
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.56
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.56
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.55
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.55
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.55
TMV	DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES	$163M	N/A	Apr 16, 2009	-0.55
TBT	PROSHARES ULTRASHORT 20+ YEAR TREASURY	$280M	N/A	Apr 29, 2008	-0.55
TTT	ProShares UltraPro Short 20+ Year Treasury -3x Shares	$17M	N/A	Mar 27, 2012	-0.55
TBF	PROSHARES SHORT 20+ YEAR TREASURY	$87M	0.95%	Aug 18, 2009	-0.55
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.54
YCS	ProShares UltraShort Yen -2x Shares	$31M	N/A	Nov 24, 2008	-0.53
PST	PROSHARES ULTRASHORT 7-10 YEAR TREASURY	$11M	N/A	Apr 29, 2008	-0.53
TYO	DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES	$12M	N/A	Apr 16, 2009	-0.53
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.52
TBX	PROSHARES SHORT 7-10 YEAR TREASURY	$20M	0.95%	Apr 4, 2011	-0.52
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.51
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.50
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.49
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.49
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.49
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.48
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.48
FXP	ProShares UltraShort FTSE China 50 -2x Shares	$7.60M	N/A	Nov 6, 2007	-0.47
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$298M	0.90%	Dec 1, 2020	-0.47
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.46
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.46
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.45
YXI	ProShares Short FTSE China 50 -1x Shares	$5M	0.95%	Mar 16, 2010	-0.45
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.44
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.44
GLL	ProShares UltraShort Gold -2x Shares	$110M	N/A	Dec 1, 2008	-0.44
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.43
CXRN	TEUCRIUM 2X DAILY CORN ETF	$4M	N/A	Dec 12, 2024	-0.42
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.42
USE	USCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND	$2.60M	0.79%	May 3, 2023	-0.40
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.40
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.39
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.39