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42 Stocks and 58 ETFs for diversifying FMED (FIDELITY DISRUPTIVE MEDICINE ETF)

The least correlated asset to FMED (FIDELITY DISRUPTIVE MEDICINE ETF) is company Stratim Cloud Acquisition Corp - Units (1 Ord Share & 1/3 War) (SCAQU). The correlation is -1.

Stocks that lowly correlated with FMED

SymbolName
Market cap
SectorIndustry
Correlation
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-1.00
SPPISpectrum Pharmaceuticals Inc$208MN/AN/A-0.98
SABRPSabre Corp$24BN/AN/A-0.91
AURCBetter Home & Finance Holding Co. - Class A$104MN/AN/A-0.89
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.89
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.88
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.83
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-0.76
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.74
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.73
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.71
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.66
CNFRLConifer Holdings Inc$303MN/AN/A-0.60
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.54
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.53
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.52
FGMCFG Merger II Corp$83MFinancial ServicesShell Companies-0.51
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.49
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.48
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.48
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.48
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.48
SHENShenandoah Telecommunications Company$675MCommunication ServicesTelecom Services-0.48
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.48
EQNREquinor ASA$90BEnergyOil & Gas Integrated-0.47
KITTNauticus Robotics Inc$4.97MIndustrialsAerospace & Defense-0.47
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.47
TDICDreamland Ltd$17MCommunication ServicesAdvertising Agencies-0.46
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.45
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.45
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.44
KMRKKTech Solutions Company Ltd$21MConsumer CyclicalLeisure-0.44
BUUUBUUU Group Ltd - Class A$293MIndustrialsSpecialty Business Services-0.44
ARLPAlliance Resource Partners LP$3.16BEnergyThermal Coal-0.43
OBEObsidian Energy Ltd$610MEnergyOil & Gas E&p-0.42
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.42
ANTAAntalpha Platform Holding Company$95MFinancial ServicesCredit Services-0.42
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.42
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.42
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.42
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.41
YHGJYunhong Green CTI Ltd$8.33MConsumer CyclicalPackaging & Containers-0.41

ETFs that lowly correlated with FMED

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.99
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.98
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.81
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.78
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.74
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.73
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.68
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.66
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.65
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.65
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.64
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.62
TEXNISHARES TEXAS EQUITY ETF $17M0.20%Jun 23, 2025-0.61
LDRIISHARES IBONDS 1-5 YEAR TIPS LADDER ETF $27M0.10%Nov 7, 2024-0.60
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.60
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.60
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.58
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.58
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.57
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.56
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.55
TIPBNORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF $8M0.10%Aug 18, 2025-0.54
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.53
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.53
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.52
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.52
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.52
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.51
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.50
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.49
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.48
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.48
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.48
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.47
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.47
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.50B0.75%Mar 7, 2022-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.46
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.46
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.46
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.45
MUNANORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF $9M0.18%Aug 18, 2025-0.44
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.43
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.43
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.42
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.41
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.41
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.41
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.41
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.41
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.40