Looking to diversify beyond NDVG? The ETFs below have the lowest correlation with NDVG — 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 NDVG.
Best Diversifiers for NDVG
225 ETFs have low correlation with NDVG (below 0.3), 28 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.19, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.19 | -0.04 | — | 71 | Oil & Gas | NDVG vs DBE | |
| United States Brent Oil Fund LP | -0.18 | -0.04 | — | 65 | Oil & Gas | NDVG vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | NDVG vs IBIC | |
| Invesco DB Oil Fund | -0.16 | -0.03 | — | 65 | Oil & Gas | NDVG vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | 0.02 | 0.13 | 71 | Commodities | NDVG vs GSG |
See all 1165 diversifiers for NDVG
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