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38 Stocks and 62 ETFs for diversifying FFEM (FIDELITY FUNDAMENTAL EMERGING MARKETS ETF)

The least correlated asset to FFEM (FIDELITY FUNDAMENTAL EMERGING MARKETS ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with FFEM

SymbolName
Market cap
SectorIndustry
Correlation
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-1.00
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-1.00
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-1.00
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.78
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.68
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.62
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.62
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.62
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.61
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.58
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.58
BRBRBellring Brands Inc$1.42BConsumer DefensivePackaged Foods-0.58
DMDesktop Metal Inc - Class A$165MN/AN/A-0.54
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.54
SIShoulder Innovations Inc$452MN/AN/A-0.53
PRAAPRA Group Inc$688MFinancial ServicesCredit Services-0.51
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.51
COKECoca-Cola Consolidated Inc$13BConsumer DefensiveBeverages - Non-alcoholic-0.50
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.50
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.50
MNDOMind C.T.I Ltd$21MTechnologySoftware - Application-0.49
SRADSportradar Group AG - Class A$4.49BTechnologySoftware - Application-0.49
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.48
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.48
WCNWaste Connections Inc$43BIndustrialsWaste Management-0.47
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.47
RELIReliance Global Group Inc$8.82MFinancial ServicesInsurance Brokers-0.47
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.46
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.45
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.45
ADMAAdma Biologics Inc$2.02BHealthcareBiotechnology-0.45
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.44
LNGCheniere Energy Inc$54BEnergyOil & Gas Midstream-0.44
CABOCable One Inc$228MCommunication ServicesTelecom Services-0.44
PDEXPro-Dex Inc (co)$181MHealthcareMedical Instruments & Supplies-0.44
WGSGeneDx Holdings Corp - Class A$1.96BHealthcareDiagnostics & Research-0.44
RLIRLI Corp$5.34BFinancial ServicesInsurance - Property & Casualty-0.44
WVVIPWillamette Valley Vineyard Inc$22MConsumer DefensiveBeverages - Wineries & Distilleries-0.44

ETFs that lowly correlated with FFEM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.96
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.96
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.89
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.81
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.78
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.78
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.76
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.74
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.74
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.72
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.72
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.71
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.71
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.71
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.71
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.69
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.69
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.69
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.69
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.68
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.67
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.67
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.65
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.65
SMCPAlphaMark Actively Managed Small Cap ETF$3.50M0.79%May 11, 2026-0.64
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.63
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.63
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.62
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.61
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.58
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.58
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.58
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.58
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.57
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.57
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.57
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.56
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.55
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.55
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.54
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.52
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.51
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.51
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.51
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.51
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.49
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.48
CAOSALPHA ARCHITECT TAIL RISK ETF $705M0.63%Aug 14, 2013-0.48
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.46
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.46
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.45
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.44
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.44