Looking to diversify beyond NFLP? The ETFs below have the lowest correlation with NFLP — 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 NFLP.
Best Diversifiers for NFLP
1592 ETFs have low correlation with NFLP (below 0.3), 321 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Vectors Oil Services ETF | -0.17 | — | — | 89 | Energy Equities | NFLP vs OIH | |
| iShares U.S. Oil Equipment & Services ETF | -0.16 | — | — | 87 | Energy Equities | NFLP vs IEZ | |
| SPDR S&P Oil & Gas Equipment & Services ETF | -0.16 | — | — | 89 | Energy Equities | NFLP vs XES | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 98 | Ultrashort Bond | NFLP vs BAMU | |
| Invesco S&P SmallCap Energy ETF | -0.15 | — | — | 73 | Energy Equities | NFLP vs PSCE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements NFLP
Add NFLP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NFLP