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
2 ETFs have low correlation with NOWL (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.04 | — | — | 99 | Leveraged Equities, Semiconductors | NOWL vs MUU | |
| Innovator Growth Accelerated Plus ETF - April | 0.19 | 0.19 | 0.19 | 97 | Leveraged Equities | NOWL vs QTAP |
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