Looking to diversify beyond NBSD? The ETFs below have the lowest correlation with NBSD — 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 NBSD.
Best Diversifiers for NBSD
494 ETFs have low correlation with NBSD (below 0.3), 43 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | — | — | 53 | Oil & Gas | NBSD vs DBE | |
| Fidelity Managed Futures ETF | -0.26 | -0.25 | -0.25 | 71 | Systematic Trend | NBSD vs FFUT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | — | — | 51 | Commodities | NBSD vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.23 | -0.11 | -0.11 | 51 | Commodities | NBSD vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.22 | -0.08 | -0.08 | 54 | Commodities | NBSD vs DBC |
See all 1135 diversifiers for NBSD
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Diversification Analysis
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