Looking to diversify beyond NBIZ? The ETFs below have the lowest correlation with NBIZ — 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 NBIZ.
Best Diversifiers for NBIZ
1 ETFs have low correlation with NBIZ (below 0.3), 1 of which are negatively correlated. The least correlated is Tradr 2X Long Triple Q Quarterly ETF (QQQP) (Leveraged Equities) with a 1Y correlation of -0.42, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tradr 2X Long Triple Q Quarterly ETF | -0.42 | -0.42 | -0.42 | 61 | Leveraged Equities | NBIZ vs QQQP |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NBIZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NBIZ and solid risk/return profiles. The least correlated is Nebius Group N.V. (NBIS) (Communication Services) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | -1.00 | -1.00 | -1.00 | 96 | Communication Services |
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