Looking to diversify beyond NOVP? The ETFs below have the lowest correlation with NOVP — 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 NOVP.
Best Diversifiers for NOVP
169 ETFs have low correlation with NOVP (below 0.3), 14 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 -0.21, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.16 | -0.16 | 98 | Inflation-Protected Bonds | NOVP vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 96 | Inflation-Protected Bonds | NOVP vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.11 | — | — | 99 | Ultrashort Bond | NOVP vs BAMU | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | NOVP vs CSHP | |
| iShares Diversified Commodity Swap UCITS ETF | -0.06 | — | — | 83 | Commodities | NOVP vs ISCMF |
See all 1131 diversifiers for NOVP
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