Looking to diversify beyond NUMV? The ETFs below have the lowest correlation with NUMV — 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 NUMV.
Best Diversifiers for NUMV
194 ETFs have low correlation with NUMV (below 0.3), 26 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.04 | 0.13 | 71 | Oil & Gas | NUMV vs DBE | |
| United States Brent Oil Fund LP | -0.24 | -0.02 | 0.12 | 65 | Oil & Gas | NUMV vs BNO | |
| Invesco DB Oil Fund | -0.23 | -0.01 | 0.14 | 65 | Oil & Gas | NUMV vs DBO | |
| iShares Commodities Select Strategy ETF | -0.18 | 0.03 | 0.18 | 71 | Commodities | NUMV vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | 0.04 | 0.19 | 71 | Commodities | NUMV vs GSG |
See all 1158 diversifiers for NUMV
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