Looking to diversify beyond NBIL? The ETFs below have the lowest correlation with NBIL — 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 NBIL.
Best Diversifiers for NBIL
0 ETFs have low correlation with NBIL (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 2X Long ASML Daily ETF (ASMG) (Leveraged Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long ASML Daily ETF | 0.41 | 0.41 | 0.41 | 89 | Leveraged Equities | NBIL vs ASMG |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NBIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NBIL and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 1.00 | — | — | 96 | Communication Services |
Build a portfolio that complements NBIL
Add NBIL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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