Looking to diversify beyond NMAY? The ETFs below have the lowest correlation with NMAY — 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 NMAY.
Best Diversifiers for NMAY
173 ETFs have low correlation with NMAY (below 0.3), 25 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | NMAY vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.20 | — | — | 98 | Ultrashort Bond | NMAY vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.19 | — | — | 95 | Inflation-Protected Bonds | NMAY vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | NMAY vs CSHP | |
| Alerian Energy Infrastructure ETF | -0.13 | -0.09 | -0.09 | 50 | Energy Equities | NMAY vs ENFR |
See all 1155 diversifiers for NMAY
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Diversification Analysis
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