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
221 ETFs have low correlation with NBTR (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 | -0.42 | — | — | 53 | Oil & Gas | NBTR vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.36 | — | — | 51 | Commodities | NBTR vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.34 | — | — | 54 | Commodities | NBTR vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.34 | -0.26 | -0.26 | 51 | Commodities | NBTR vs DCMT | |
| Fidelity Managed Futures ETF | -0.31 | — | — | 71 | Systematic Trend | NBTR vs FFUT |
See all 1118 diversifiers for NBTR
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Diversification Analysis
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