Looking to diversify beyond NBIG? The ETFs below have the lowest correlation with NBIG — 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 NBIG.
Best Diversifiers for NBIG
586 ETFs have low correlation with NBIG (below 0.3), 81 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.37 | -0.37 | 57 | Cryptocurrency | NBIG vs BITI | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.18 | -0.18 | -0.18 | 100 | Government Bonds, Ultrashort Bond | NBIG vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.16 | -0.16 | -0.16 | 100 | Government Bonds, Ultrashort Bond | NBIG vs GBIL | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.15 | -0.15 | -0.15 | 76 | Large Cap Value Equities, Dividend | NBIG vs FDL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | -0.14 | -0.14 | 96 | Inflation-Protected Bonds | NBIG vs IBID |
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