Looking to diversify beyond NMAR? The ETFs below have the lowest correlation with NMAR — 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 NMAR.
Best Diversifiers for NMAR
216 ETFs have low correlation with NMAR (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.48 | -0.48 | 57 | Cryptocurrency | NMAR vs BITI | |
| Invesco DB Energy Fund | -0.19 | — | — | 53 | Oil & Gas | NMAR vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | NMAR vs IBIC | |
| VanEck Energy Income ETF | -0.17 | — | — | 81 | Energy Equities | NMAR vs EINC | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 99 | Ultrashort Bond | NMAR vs BAMU |
See all 1145 diversifiers for NMAR
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