Looking to diversify beyond NEBX? The ETFs below have the lowest correlation with NEBX — 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 NEBX.
Best Diversifiers for NEBX
0 ETFs have low correlation with NEBX (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long MU Daily ETF (MULL) (Leveraged Equities) with a 1Y correlation of 0.37, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 0.37 | 0.37 | 0.37 | 99 | Leveraged Equities | NEBX vs MULL |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NEBX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NEBX and solid risk/return profiles. The least correlated is Nebius Group N.V. (NBIS) (Communication Services) with a 1Y correlation of 1.00, roughly unchanged from 1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 1.00 | 1.00 | 1.00 | 97 | Communication Services |
Build a portfolio that complements NEBX
Add NEBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NEBX