Looking to diversify beyond NOWL? The ETFs below have the lowest correlation with NOWL — 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 NOWL.
Best Diversifiers for NOWL
1 ETFs have low correlation with NOWL (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator U.S. Equity Accelerated Plus ETF - July (XTJL) (Leveraged Equities) with a 1Y correlation of 0.24, roughly unchanged from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF - July | 0.24 | 0.24 | — | 72 | Leveraged Equities | NOWL vs XTJL |
Diversification Analysis
Build a portfolio that complements NOWL
Add NOWL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NOWL