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Looking to diversify beyond NFRX? The ETFs below have the lowest correlation with NFRX — 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 NFRX.

Best Diversifiers for NFRX

0 ETFs have low correlation with NFRX (below 0.3), 0 of which are negatively correlated. The least correlated is Global X US Infrastructure Development ETF (PAVE) (Industrials Equities) with a 1Y correlation of 0.44, roughly unchanged from 0.44 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Global X US Infrastructure Development ETF0.440.440.44
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Industrials EquitiesNFRX vs PAVE

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Diversification Analysis

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