Looking to diversify beyond NCPB? The ETFs below have the lowest correlation with NCPB — 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 NCPB.
Best Diversifiers for NCPB
379 ETFs have low correlation with NCPB (below 0.3), 47 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.46 | — | — | 71 | Oil & Gas | NCPB vs DBE | |
| Invesco DB Oil Fund | -0.44 | — | — | 65 | Oil & Gas | NCPB vs DBO | |
| United States Brent Oil Fund LP | -0.44 | — | — | 65 | Oil & Gas | NCPB vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.39 | — | — | 71 | Commodities | NCPB vs GSG | |
| iShares Commodities Select Strategy ETF | -0.39 | — | — | 71 | Commodities | NCPB vs COMT |
See all 1146 diversifiers for NCPB
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