Looking to diversify beyond NBTR? The ETFs below have the lowest correlation with NBTR — 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 NBTR.
Best Diversifiers for NBTR
206 ETFs have low correlation with NBTR (below 0.3), 23 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.28, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.28 | -0.28 | -0.28 | 64 | Systematic Trend | NBTR vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.18 | -0.18 | 70 | Commodities | NBTR vs FAAR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.23 | -0.26 | -0.26 | 99 | Ultrashort Bond | NBTR vs CSHP | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.22 | -0.16 | -0.16 | 53 | Commodities | NBTR vs FTGC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.21 | -0.16 | -0.16 | 50 | Commodities | NBTR vs CERY |
See all 1130 diversifiers for NBTR
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