Looking to diversify beyond NVD? The ETFs below have the lowest correlation with NVD — 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 NVD.
Best Diversifiers for NVD
1566 ETFs have low correlation with NVD (below 0.3), 1445 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.86 | — | — | 89 | Leveraged Equities, Semiconductors | NVD vs USD | |
| Columbia Select Technology ETF | -0.74 | -0.72 | -0.72 | 81 | Semiconductors, Technology Equities | NVD vs SEMI | |
| Fidelity Fundamental Large Cap Growth ETF | -0.74 | -0.77 | -0.77 | 55 | Large Cap Growth Equities | NVD vs FFLG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | -0.73 | -0.75 | -0.75 | 54 | S&P 500, Large Cap Growth Equities | NVD vs SPYG | |
| iShares Top 20 U.S. Stocks ETF | -0.73 | — | — | 52 | Large Cap Growth Equities | NVD vs TOPT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NVD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NVD and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -1.00 | — | — | 76 | Technology | |
| Tesla, Inc. | -0.38 | -0.35 | -0.35 | 59 | Consumer Cyclical | |
| Alphabet Inc. Class A | -0.32 | -0.39 | -0.39 | 96 | Communication Services | |
| Rocket Lab USA, Inc. | -0.32 | -0.32 | -0.32 | 90 | Industrials | |
| Intel Corporation | -0.25 | -0.31 | -0.31 | 99 | Technology |
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