Looking to diversify beyond NBJP? The ETFs below have historically moved differently from NBJP, 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 NBJP
213 ETFs have low correlation with NBJP (below 0.3), 40 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | — | — | 53 | Oil & Gas | NBJP vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | — | — | 50 | Commodities | NBJP vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.17 | -0.07 | -0.07 | 52 | Commodities | NBJP vs DCMT | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | -0.07 | -0.07 | 96 | Inflation-Protected Bonds | NBJP vs IBID | |
| TCW AAA CLO ETF | -0.15 | -0.06 | -0.06 | 99 | CLO | NBJP vs ACLO |
See all 1201 diversifiers for NBJP
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