Looking to diversify beyond NVDD? The ETFs below have historically moved differently from NVDD, 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 NVDD
1264 ETFs have low correlation with NVDD (below 0.3), 1135 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares U.S. Technology ETF | -0.73 | — | — | 51 | Technology Equities | NVDD vs IYW | |
| iShares Global Tech ETF | -0.72 | — | — | 63 | Technology Equities | NVDD vs IXN | |
| Fidelity MSCI Information Technology Index ETF | -0.71 | — | — | 52 | Technology Equities | NVDD vs FTEC | |
| iShares Global 100 ETF | -0.69 | — | — | 81 | Global Equities | NVDD vs IOO | |
| Grizzle Growth ETF | -0.69 | — | — | 74 | Large Cap Growth Equities | NVDD vs DARP |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NVDD, 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 | |
| Advanced Micro Devices, Inc. | -0.50 | — | — | 94 | Technology | |
| Apple Inc | -0.18 | — | — | 89 | Technology | |
| Eli Lilly and Company | 0.05 | — | — | 83 | Healthcare |
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