Looking to diversify beyond NEMD? The ETFs below have the lowest correlation with NEMD — 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 NEMD.
Best Diversifiers for NEMD
72 ETFs have low correlation with NEMD (below 0.3), 7 of which are negatively correlated. The least correlated is PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) (Commodities) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.23 | -0.23 | -0.23 | 50 | Commodities | NEMD vs CMDT | |
| Brookstone Ultra-Short Bond ETF | -0.08 | -0.08 | -0.08 | 98 | Ultrashort Bond | NEMD vs BAMU | |
| Horizon Landmark ETF | -0.07 | -0.07 | -0.07 | 98 | Ultrashort Bond | NEMD vs BENJ | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.05 | -0.05 | -0.05 | 99 | Corporate Bonds | NEMD vs BSCQ | |
| FT Energy Income Partners Enhanced Income ETF | -0.04 | -0.04 | -0.04 | 76 | Derivative Income | NEMD vs EIPI |
See all 1003 diversifiers for NEMD
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