Looking to diversify beyond NFLY? The ETFs below have the lowest correlation with NFLY — 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 NFLY.
Best Diversifiers for NFLY
1450 ETFs have low correlation with NFLY (below 0.3), 261 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Oil Services ETF | -0.14 | — | — | 75 | Energy Equities | NFLY vs OIH | |
| Brookstone Ultra-Short Bond ETF | -0.13 | -0.03 | -0.03 | 98 | Ultrashort Bond | NFLY vs BAMU | |
| iShares U.S. Oil Equipment & Services ETF | -0.13 | 0.06 | 0.06 | 74 | Energy Equities | NFLY vs IEZ | |
| Themes US Infrastructure ETF | -0.13 | 0.06 | 0.06 | 71 | Industrials Equities | NFLY vs HWAY | |
| VanEck Oil Refiners ETF | -0.12 | 0.06 | 0.06 | 69 | Energy Equities | NFLY vs CRAK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NFLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NFLY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tronox Holdings plc | -0.09 | — | — | 58 | Basic Materials | |
| Genco Shipping & Trading Limited | -0.04 | — | — | 93 | Industrials | |
| Cogent Biosciences, Inc. | -0.02 | — | — | 98 | Healthcare | |
| QUALCOMM Incorporated | 0.01 | 0.24 | 0.24 | 65 | Technology | |
| Orchid Island Capital, Inc. | 0.03 | — | — | 63 | Real Estate |
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Build a portfolio that complements NFLY
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