Looking to diversify beyond NBIL? The ETFs below have historically moved differently from NBIL, 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 NBIL
0 ETFs have low correlation with NBIL (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long INTC Daily ETF (INTW) (Leveraged Equities) with a 1Y correlation of 0.37, roughly unchanged from 0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long INTC Daily ETF | 0.37 | 0.37 | 0.37 | 97 | Leveraged Equities | NBIL vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 0.37 | 0.37 | 0.37 | 97 | Leveraged Equities | NBIL vs QTAP | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.43 | 0.43 | 0.43 | 54 | Leveraged Equities, S&P 500 | NBIL vs SPUU | |
| GraniteShares 2x Long AMD Daily ETF | 0.45 | 0.45 | 0.45 | 86 | Leveraged Equities | NBIL vs AMDL | |
| Leverage Shares 2X Long AMD Daily ETF | 0.46 | 0.46 | 0.46 | 86 | Leveraged Equities | NBIL vs AMDG |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NBIL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 1.00 | — | — | 92 | Communication Services |
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