Looking to diversify beyond NUSB? The ETFs below have the lowest correlation with NUSB — 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 NUSB.
Best Diversifiers for NUSB
981 ETFs have low correlation with NUSB (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.25, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.25 | -0.09 | -0.09 | 57 | Cryptocurrency | NUSB vs BITI | |
| Invesco DB Energy Fund | -0.17 | — | — | 53 | Oil & Gas | NUSB vs DBE | |
| Alerian MLP ETF | -0.12 | -0.01 | -0.01 | 54 | MLPs | NUSB vs AMLP | |
| Alerian Energy Infrastructure ETF | -0.12 | — | — | 77 | Energy Equities | NUSB vs ENFR | |
| iShares U.S. Energy ETF | -0.11 | -0.04 | -0.04 | 51 | Energy Equities | NUSB vs IYE |
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