Looking to diversify beyond NFLW? The ETFs below have the lowest correlation with NFLW — 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 NFLW.
Best Diversifiers for NFLW
1155 ETFs have low correlation with NFLW (below 0.3), 389 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.19 | — | — | 73 | Derivative Income | NFLW vs WNTR | |
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 99 | Ultrashort Bond | NFLW vs BAMU | |
| Themes US Infrastructure ETF | -0.17 | — | — | 61 | Industrials Equities | NFLW vs HWAY | |
| ProShares Short Bitcoin ETF | -0.15 | -0.14 | -0.14 | 52 | Cryptocurrency | NFLW vs BITI | |
| First Trust RBA American Industrial Renaissance ET... | -0.14 | -0.12 | -0.12 | 69 | Building & Construction | NFLW vs AIRR |
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