Looking to diversify beyond NBET? The ETFs below have the lowest correlation with NBET — 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 NBET.
Best Diversifiers for NBET
1061 ETFs have low correlation with NBET (below 0.3), 584 of which are negatively correlated. The least correlated is BNY Mellon Ultra Short Income ETF (BKUI) (Ultrashort Bond) with a 1Y correlation of -0.26, down from -0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNY Mellon Ultra Short Income ETF | -0.26 | -0.00 | — | 99 | Ultrashort Bond | NBET vs BKUI | |
| Fidelity Municipal Bond Opportunities ETF | -0.23 | — | — | 84 | Municipal Bonds | NBET vs FMUB | |
| Invesco BulletShares 2034 Municipal Bond ETF | -0.23 | — | — | 74 | Municipal Bonds | NBET vs BSMY | |
| Franklin Short Duration U.S. Government ETF | -0.23 | -0.01 | — | 96 | Mortgage Backed Securities | NBET vs FTSD | |
| Avantis Credit ETF | -0.23 | — | — | 54 | Global Bonds | NBET vs AVGB |
See all 1128 diversifiers for NBET
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