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
1092 ETFs have low correlation with NBET (below 0.3), 361 of which are negatively correlated. The least correlated is BNY Mellon Ultra Short Income ETF (BKUI) (Ultrashort Bond) with a 1Y correlation of -0.27, 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 | -0.27 | 0.00 | — | 99 | Ultrashort Bond | NBET vs BKUI | |
| Fidelity Municipal Bond Opportunities ETF | -0.23 | — | — | 77 | Municipal Bonds | NBET vs FMUB | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.22 | 0.06 | — | 64 | Municipal Bonds | NBET vs BSMW | |
| Avantis Credit ETF | -0.20 | -0.18 | -0.18 | 50 | Global Bonds | NBET vs AVGB | |
| Franklin Short Duration U.S. Government ETF | -0.20 | -0.00 | — | 94 | Mortgage Backed Securities | NBET vs FTSD |
See all 1143 diversifiers for NBET
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