Looking to diversify beyond NVDW? The ETFs below have the lowest correlation with NVDW — 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 NVDW.
Best Diversifiers for NVDW
647 ETFs have low correlation with NVDW (below 0.3), 113 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.25 | — | — | 70 | Dividend, Large Cap Value Equities | NVDW vs HDV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.23 | — | — | 69 | Large Cap Value Equities, Dividend | NVDW vs FDL | |
| Brookstone Ultra-Short Bond ETF | -0.22 | — | — | 98 | Ultrashort Bond | NVDW vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.20 | — | — | 95 | Inflation-Protected Bonds | NVDW vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | NVDW vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NVDW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NVDW and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.17 | — | — | 96 | Healthcare | |
| Eli Lilly and Company | -0.00 | — | — | 74 | Healthcare | |
| Apple Inc | 0.22 | — | — | 87 | Technology | |
| AST SpaceMobile, Inc. | 0.24 | — | — | 60 | Technology | |
| Sandisk Corporation | 0.28 | — | — | 100 | Technology |
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Build a portfolio that complements NVDW
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