Looking to diversify beyond NOCT? The ETFs below have the lowest correlation with NOCT — 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 NOCT.
Best Diversifiers for NOCT
215 ETFs have low correlation with NOCT (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.07 | 0.04 | 71 | Oil & Gas | NOCT vs DBE | |
| Invesco DB Oil Fund | -0.21 | -0.04 | 0.04 | 65 | Oil & Gas | NOCT vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | NOCT vs IBIC | |
| United States Brent Oil Fund LP | -0.19 | -0.04 | 0.04 | 65 | Oil & Gas | NOCT vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | -0.00 | 0.09 | 71 | Commodities | NOCT vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NOCT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NOCT and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.60, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.60 | 0.63 | 0.71 | 78 | Technology |
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