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
752 ETFs have low correlation with NBSD (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.32 | — | — | 65 | Oil & Gas | NBSD vs DBO | |
| Invesco DB Energy Fund | -0.31 | — | — | 71 | Oil & Gas | NBSD vs DBE | |
| United States Brent Oil Fund LP | -0.30 | — | — | 65 | Oil & Gas | NBSD vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.27 | -0.11 | -0.11 | 71 | Commodities | NBSD vs GSG | |
| iShares Commodities Select Strategy ETF | -0.26 | — | — | 71 | Commodities | NBSD vs COMT |
See all 1158 diversifiers for NBSD
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Diversification Analysis
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