Looking to diversify beyond NVBU? The ETFs below have the lowest correlation with NVBU — 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 NVBU.
Best Diversifiers for NVBU
175 ETFs have low correlation with NVBU (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.45 | -0.45 | 57 | Cryptocurrency | NVBU vs BITI | |
| Invesco DB Energy Fund | -0.25 | — | — | 53 | Oil & Gas | NVBU vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | NVBU vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | -0.03 | -0.03 | 51 | Commodities | NVBU vs GSG | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 96 | Inflation-Protected Bonds | NVBU vs IBID |
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