Looking to diversify beyond NHYM? The ETFs below have historically moved differently from NHYM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for NHYM
954 ETFs have low correlation with NHYM (below 0.3), 69 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | — | — | 72 | Oil & Gas | NHYM vs DBE | |
| Invesco DB Commodity Index Tracking Fund | -0.29 | — | — | 71 | Commodities | NHYM vs DBC | |
| United States Brent Oil Fund LP | -0.29 | -0.19 | -0.19 | 52 | Oil & Gas | NHYM vs BNO | |
| Strive U.S. Energy ETF | -0.29 | — | — | 70 | Energy Equities | NHYM vs DRLL | |
| Invesco DB Oil Fund | -0.29 | — | — | 58 | Oil & Gas | NHYM vs DBO |
See all 1266 diversifiers for NHYM
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NHYM
Add NHYM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NHYM