Looking to diversify beyond NAPR? The ETFs below have the lowest correlation with NAPR — 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 NAPR.
Best Diversifiers for NAPR
222 ETFs have low correlation with NAPR (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.06 | 0.04 | 71 | Oil & Gas | NAPR vs DBE | |
| Invesco DB Oil Fund | -0.24 | -0.04 | 0.04 | 65 | Oil & Gas | NAPR vs DBO | |
| United States Brent Oil Fund LP | -0.23 | -0.05 | 0.03 | 65 | Oil & Gas | NAPR vs BNO | |
| iShares Commodities Select Strategy ETF | -0.21 | -0.00 | 0.08 | 71 | Commodities | NAPR vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.20 | -0.00 | 0.08 | 71 | Commodities | NAPR vs GSG |
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