Looking to balance out your exposure to NUVB? The ETFs below have the lowest correlation with NUVB — they tend to move on their own, which can help reduce risk when NUVB drops. The stock ideas table highlights individual companies that behave independently from NUVB.
No Diversifiers Found for NUVB
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NUVB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NUVB and solid risk/return profiles. The least correlated is Planet Labs PBC (PL) (Industrials) with a 1Y correlation of 0.12, down from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Planet Labs PBC | 0.12 | 0.27 | — | 93 | Industrials | |
| Corcept Therapeutics Incorporated | 0.12 | 0.21 | 0.25 | 58 | Healthcare | |
| Micron Technology, Inc. | 0.15 | 0.20 | 0.22 | 99 | Technology | |
| Ondas Holdings Inc. | 0.15 | 0.17 | 0.22 | 84 | Technology | |
| T1 Energy Inc | 0.15 | 0.21 | 0.24 | 93 | Industrials |
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