Looking to diversify beyond NBGX? The ETFs below have historically moved differently from NBGX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for NBGX
218 ETFs have low correlation with NBGX (below 0.3), 48 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | — | — | 53 | Oil & Gas | NBGX vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.28 | — | — | 98 | Inflation-Protected Bonds | NBGX vs IBIC | |
| Strive U.S. Energy ETF | -0.27 | — | — | 61 | Energy Equities | NBGX vs DRLL | |
| iShares U.S. Energy ETF | -0.24 | -0.03 | -0.03 | 68 | Energy Equities | NBGX vs IYE | |
| iShares U.S. Oil & Gas Exploration & Production ET... | -0.24 | -0.03 | -0.03 | 59 | Energy Equities | NBGX vs IEO |
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