Looking to diversify beyond NRSH? The ETFs below have the lowest correlation with NRSH — 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 NRSH.
Best Diversifiers for NRSH
219 ETFs have low correlation with NRSH (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | -0.35 | 57 | Cryptocurrency | NRSH vs BITI | |
| Invesco DB Energy Fund | -0.22 | — | — | 53 | Oil & Gas | NRSH vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | NRSH vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | — | — | 96 | Inflation-Protected Bonds | NRSH vs IBID | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.11 | 0.03 | 0.03 | 51 | Commodities | NRSH vs GSG |
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