Looking to diversify beyond NVD? The ETFs below have historically moved differently from NVD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for NVD
1718 ETFs have low correlation with NVD (below 0.3), 1499 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.84 | — | — | 52 | Leveraged Equities, Semiconductors | NVD vs USD | |
| SoFi Select 500 ETF | -0.74 | — | — | 53 | Large Cap Growth Equities | NVD vs SFY | |
| Columbia Select Technology ETF | -0.72 | — | — | 54 | Semiconductors, Technology Equities | NVD vs SEMI | |
| SP Funds S&P 500 Sharia Industry Exclusions ETF | -0.72 | — | — | 63 | S&P 500 | NVD vs SPUS | |
| iShares U.S. Technology ETF | -0.72 | — | — | 51 | Technology Equities | NVD vs IYW |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NVD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -1.00 | — | — | 56 | Technology | |
| Rocket Lab USA, Inc. | -0.36 | — | — | 62 | Industrials | |
| Alphabet Inc. Class A | -0.32 | — | — | 95 | Communication Services | |
| Intel Corporation | -0.32 | -0.32 | -0.32 | 98 | Technology | |
| Apple Inc | -0.16 | — | — | 89 | Technology |
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