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
1560 ETFs have low correlation with NFLP (below 0.3), 580 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.21 | — | — | 70 | Inverse Equities, Leveraged Equities | NFLP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.19 | — | — | 73 | Derivative Income | NFLP vs WNTR | |
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 99 | Ultrashort Bond | NFLP vs BAMU | |
| Themes US Infrastructure ETF | -0.18 | — | — | 61 | Industrials Equities | NFLP vs HWAY | |
| Global X US Infrastructure Development ETF | -0.16 | — | — | 53 | Industrials Equities | NFLP vs PAVE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NFLP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NFLP and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.13, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.13 | 0.16 | 0.16 | 53 | Financial Services |
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