Looking to diversify beyond NFEB? The ETFs below have the lowest correlation with NFEB — 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 NFEB.
Best Diversifiers for NFEB
218 ETFs have low correlation with NFEB (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.48 | -0.48 | 57 | Cryptocurrency | NFEB vs BITI | |
| Invesco DB Energy Fund | -0.22 | — | — | 53 | Oil & Gas | NFEB vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.23 | -0.23 | 98 | Inflation-Protected Bonds | NFEB vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.20 | — | — | 99 | Ultrashort Bond | NFEB vs BAMU | |
| VanEck Energy Income ETF | -0.18 | 0.09 | 0.09 | 81 | Energy Equities | NFEB vs EINC |
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