Looking to diversify beyond NPFI? The ETFs below have historically moved differently from NPFI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for NPFI
271 ETFs have low correlation with NPFI (below 0.3), 82 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 61 | Inverse Equities, Leveraged Equities | NPFI vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.34 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | NPFI vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.34 | — | — | 75 | Derivative Income | NPFI vs WNTR | |
| ProShares Short Bitcoin ETF | -0.34 | — | — | 61 | Cryptocurrency | NPFI vs BITI | |
| Invesco DB Energy Fund | -0.31 | — | — | 72 | Oil & Gas | NPFI vs DBE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NPFI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| PIMCO Dynamic Income Opportunities Fund | 0.38 | — | — | 65 | Financial Services |
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