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
246 ETFs have low correlation with NCPB (below 0.3), 49 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.44 | — | — | 57 | Oil & Gas | NCPB vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.39 | — | — | 52 | Commodities | NCPB vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | — | — | 54 | Commodities | NCPB vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.36 | -0.20 | -0.20 | 52 | Commodities | NCPB vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.35 | — | — | 56 | Commodities | NCPB vs DBC |
See all 1142 diversifiers for NCPB
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