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
142 ETFs have low correlation with NBIS (below 0.3), 22 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.15 | — | — | 100 | Government Bonds, Ultrashort Bond | NBIS vs BIL | |
| Vanguard Short-Term Treasury ETF | -0.13 | — | — | 77 | Government Bonds, Short-Term Bond | NBIS vs VGSH | |
| iShares 0-1 Year Treasury Bond ETF | -0.13 | — | — | 100 | Government Bonds, Ultrashort Bond | NBIS vs SHV | |
| iShares Core High Dividend ETF | -0.13 | — | — | 70 | Dividend, Large Cap Value Equities | NBIS vs HDV | |
| iShares 0-5 Year TIPS Bond ETF | -0.11 | — | — | 85 | Inflation-Protected Bonds | NBIS vs STIP |
To view more results, upgrade your current subscription plan.
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 | -0.29 | — | — | 69 | Financial Services | |
| The Coca-Cola Company | -0.21 | — | — | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.21 | -0.24 | -0.24 | 62 | Utilities | |
| The TJX Companies, Inc. | -0.18 | -0.06 | -0.06 | 86 | Consumer Cyclical | |
| The Allstate Corporation | -0.17 | — | — | 67 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements NBIS
Add NBIS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NBIS