Looking to diversify beyond NMB? The ETFs below have the lowest correlation with NMB — 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 NMB.
Best Diversifiers for NMB
209 ETFs have low correlation with NMB (below 0.3), 43 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.27 | — | — | 65 | Oil & Gas | NMB vs DBO | |
| Invesco DB Energy Fund | -0.26 | — | — | 71 | Oil & Gas | NMB vs DBE | |
| United States Brent Oil Fund LP | -0.24 | — | — | 65 | Oil & Gas | NMB vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | — | — | 71 | Commodities | NMB vs GSG | |
| iShares Commodities Select Strategy ETF | -0.20 | — | — | 71 | Commodities | NMB vs COMT |
See all 1153 diversifiers for NMB
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Diversification Analysis
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