Looking to balance out your exposure to NBH? The ETFs below have the lowest correlation with NBH — they tend to move on their own, which can help reduce risk when NBH drops. The stock ideas table highlights individual companies that behave independently from NBH.
No Diversifiers Found for NBH
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 NBH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NBH and solid risk/return profiles. The least correlated is Nuveen AMT-Free Municipal Credit Income Fund (NVG) (Financial Services) with a 1Y correlation of 0.51, roughly unchanged from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nuveen AMT-Free Municipal Credit Income Fund | 0.51 | 0.58 | 0.54 | 77 | Financial Services |
Build a portfolio that complements NBH
Add NBH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NBH