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
235 ETFs have low correlation with NAPR (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.36 | -0.38 | 53 | Cryptocurrency | NAPR vs BITI | |
| Invesco DB Energy Fund | -0.19 | -0.04 | 0.05 | 57 | Oil & Gas | NAPR vs DBE | |
| VanEck Energy Income ETF | -0.16 | 0.16 | 0.28 | 80 | Energy Equities | NAPR vs EINC | |
| Alerian Energy Infrastructure ETF | -0.13 | 0.18 | 0.31 | 75 | Energy Equities | NAPR vs ENFR | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.12 | 0.02 | 0.08 | 52 | Commodities | NAPR vs COMT |
See all 1235 diversifiers for NAPR
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NAPR
Add NAPR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NAPR