Looking to diversify beyond NVBT? The ETFs below have the lowest correlation with NVBT — 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 NVBT.
Best Diversifiers for NVBT
198 ETFs have low correlation with NVBT (below 0.3), 30 of which are negatively correlated. The least correlated is Alpha Architect Tail Risk ETF (CAOS) (Options Trading) with a 1Y correlation of -0.34, down from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.34 | -0.05 | — | 53 | Options Trading | NVBT vs CAOS | |
| Invesco DB Energy Fund | -0.26 | -0.07 | 0.03 | 58 | Oil & Gas | NVBT vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | NVBT vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.16 | 0.00 | 0.09 | 53 | Commodities | NVBT vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | 0.02 | — | 57 | Commodities | NVBT vs GSG |
See all 1208 diversifiers for NVBT
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