Looking to diversify beyond NNOV? The ETFs below have the lowest correlation with NNOV — 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 NNOV.
Best Diversifiers for NNOV
174 ETFs have low correlation with NNOV (below 0.3), 22 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.20, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | -0.21 | -0.21 | 98 | Inflation-Protected Bonds | NNOV vs IBIC | |
| Alerian Energy Infrastructure ETF | -0.13 | 0.13 | 0.13 | 57 | Energy Equities | NNOV vs ENFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | -0.13 | -0.13 | 95 | Inflation-Protected Bonds | NNOV vs IBID | |
| VanEck Energy Income ETF | -0.12 | 0.14 | 0.14 | 64 | Energy Equities | NNOV vs EINC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | -0.02 | -0.02 | 99 | Ultrashort Bond | NNOV vs CSHP |
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