Looking to diversify beyond NRGU? The ETFs below have the lowest correlation with NRGU — 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 NRGU.
Best Diversifiers for NRGU
1470 ETFs have low correlation with NRGU (below 0.3), 1135 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.35 | — | — | 51 | Global Bonds | NRGU vs AVGB | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.32 | — | — | 72 | Municipal Bonds | NRGU vs BSMW | |
| Invesco BulletShares 2030 Municipal Bond ETF | -0.30 | -0.22 | -0.22 | 71 | Municipal Bonds | NRGU vs BSMU | |
| Neos Enhanced Income Aggregate Bond ETF | -0.29 | — | — | 51 | Intermediate Core-Plus Bond | NRGU vs BNDI | |
| Vanguard Short Duration Bond ETF Shares | -0.29 | — | — | 88 | Short-Term Bond | NRGU vs VSDB |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NRGU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NRGU and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.12 | — | — | 65 | Technology | |
| Micron Technology, Inc. | -0.09 | — | — | 99 | Technology | |
| Comfort Systems USA, Inc. | -0.08 | 0.01 | 0.01 | 98 | Industrials | |
| Sterling Infrastructure, Inc. | -0.06 | -0.01 | -0.01 | 92 | Industrials | |
| Advanced Energy Industries, Inc. | -0.06 | 0.07 | 0.07 | 90 | Industrials |
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