Looking to diversify beyond NCIQ? The ETFs below have the lowest correlation with NCIQ — 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 NCIQ.
Best Diversifiers for NCIQ
315 ETFs have low correlation with NCIQ (below 0.3), 19 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.09, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.09 | 0.01 | 0.01 | 71 | Oil & Gas | NCIQ vs DBE | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 100 | Ultrashort Bond | NCIQ vs CSHP | |
| Brookmont Catastrophic Bond ETF | -0.06 | — | — | 93 | Nontraditional Bonds | NCIQ vs ILS | |
| United States Brent Oil Fund LP | -0.06 | 0.03 | 0.03 | 65 | Oil & Gas | NCIQ vs BNO | |
| Breakwave Tanker Shipping ETF | -0.05 | -0.07 | -0.07 | 99 | Commodities | NCIQ vs BWET |
See all 1142 diversifiers for NCIQ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NCIQ
Add NCIQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NCIQ