Looking to diversify beyond NPFE? The ETFs below have the lowest correlation with NPFE — 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 NPFE.
Best Diversifiers for NPFE
1 ETFs have low correlation with NPFE (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) (Large Cap Blend Equities) with a 1Y correlation of 0.19, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Bloomberg Inflation Sensitive Equity E... | 0.19 | 0.19 | 0.19 | 62 | Large Cap Blend Equities | NPFE vs FTIF |
Diversification Analysis
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