Looking to diversify beyond NBOS? The ETFs below have historically moved differently from NBOS, 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 NBOS
223 ETFs have low correlation with NBOS (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.35 | -0.35 | 51 | Cryptocurrency | NBOS vs BITI | |
| Invesco DB Energy Fund | -0.16 | — | — | 66 | Oil & Gas | NBOS vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | NBOS vs IBIC | |
| Invesco DB Oil Fund | -0.13 | — | — | 51 | Oil & Gas | NBOS vs DBO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | — | — | 96 | Inflation-Protected Bonds | NBOS vs IBID |
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