Looking to balance out your exposure to NBGRY? The ETFs below have the lowest correlation with NBGRY — they tend to move on their own, which can help reduce risk when NBGRY drops. The stock ideas table highlights individual companies that behave independently from NBGRY.
No Diversifiers Found for NBGRY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NBGRY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NBGRY and solid risk/return profiles. The least correlated is Eurobank Ergasias SA (EGFEY) (Financial Services) with a 1Y correlation of 0.09, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eurobank Ergasias SA | 0.09 | 0.11 | 0.07 | 67 | Financial Services | |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.14 | 0.11 | — | 81 | Financial Services |
Build a portfolio that complements NBGRY
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Analyze a portfolio with NBGRY