Looking to diversify beyond NBJP? The ETFs below have the lowest correlation with NBJP — 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 NBJP.
Best Diversifiers for NBJP
228 ETFs have low correlation with NBJP (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | — | — | 71 | Oil & Gas | NBJP vs DBE | |
| United States Brent Oil Fund LP | -0.25 | — | — | 65 | Oil & Gas | NBJP vs BNO | |
| Invesco DB Oil Fund | -0.22 | — | — | 65 | Oil & Gas | NBJP vs DBO | |
| iShares Commodities Select Strategy ETF | -0.18 | — | — | 71 | Commodities | NBJP vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | — | — | 71 | Commodities | NBJP vs GSG |
See all 1145 diversifiers for NBJP
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Diversification Analysis
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