Looking to balance out your exposure to NBIS? The ETFs below have the lowest correlation with NBIS — they tend to move on their own, which can help reduce risk when NBIS drops. The stock ideas table highlights individual companies that behave independently from NBIS.
Best Diversifiers for NBIS
156 ETFs have low correlation with NBIS (below 0.3), 45 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin U.S. Low Volatility High Dividend Index E... | -0.21 | — | — | 60 | Dividend | NBIS vs LVHD | |
| iShares Core High Dividend ETF | -0.17 | — | — | 85 | Dividend, Large Cap Value Equities | NBIS vs HDV | |
| Vanguard Short-Term Treasury ETF | -0.17 | — | — | 89 | Government Bonds, Short-Term Bond | NBIS vs VGSH | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.15 | — | — | 100 | Government Bonds, Ultrashort Bond | NBIS vs BIL | |
| iShares 1-3 Year Treasury Bond ETF | -0.14 | — | — | 87 | Government Bonds, Short-Term Bond | NBIS vs SHY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NBIS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NBIS and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.36 | — | — | 82 | Financial Services | |
| Duke Energy Corporation | -0.26 | -0.25 | -0.25 | 64 | Utilities | |
| The Coca-Cola Company | -0.26 | — | — | 84 | Consumer Defensive | |
| The Allstate Corporation | -0.25 | -0.15 | -0.15 | 76 | Financial Services | |
| Colgate-Palmolive Company | -0.25 | -0.20 | -0.20 | 56 | Consumer Defensive |
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