Looking to diversify beyond NUBD? The ETFs below have the lowest correlation with NUBD — 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 NUBD.
Best Diversifiers for NUBD
484 ETFs have low correlation with NUBD (below 0.3), 27 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.31 | — | — | 64 | Systematic Trend | NUBD vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.11 | -0.10 | 75 | Commodities | NUBD vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.23 | -0.10 | — | 50 | Commodities | NUBD vs CMDT | |
| Bastion Energy ETF | -0.22 | — | — | 84 | Energy Equities | NUBD vs BESF | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.20 | -0.07 | -0.04 | 55 | Commodities | NUBD vs FTGC |
See all 1061 diversifiers for NUBD
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Diversification Analysis
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