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
178 ETFs have low correlation with NUMV (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.31, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | -0.31 | -0.33 | 52 | Cryptocurrency | NUMV vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.07 | 0.12 | 57 | Oil & Gas | NUMV vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | 0.01 | 0.17 | 54 | Commodities | NUMV vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.17 | -0.00 | 0.16 | 52 | Commodities | NUMV vs COMT | |
| Invesco DB Commodity Index Tracking Fund | -0.14 | 0.04 | 0.19 | 56 | Commodities | NUMV vs DBC |
See all 1158 diversifiers for NUMV
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