Looking to diversify beyond NDOW? The ETFs below have the lowest correlation with NDOW — 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 NDOW.
Best Diversifiers for NDOW
119 ETFs have low correlation with NDOW (below 0.3), 15 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | NDOW vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | NDOW vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.11 | — | — | 95 | Inflation-Protected Bonds | NDOW vs IBID | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | — | — | 100 | Government Bonds, Ultrashort Bond | NDOW vs BIL | |
| TCW AAA CLO ETF | -0.06 | — | — | 99 | CLO | NDOW vs ACLO |
See all 1130 diversifiers for NDOW
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