Looking to diversify beyond NVIR? The ETFs below have the lowest correlation with NVIR — 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 NVIR.
Best Diversifiers for NVIR
948 ETFs have low correlation with NVIR (below 0.3), 148 of which are negatively correlated. The least correlated is Invesco BulletShares 2032 Municipal Bond ETF (BSMW) (Municipal Bonds) with a 1Y correlation of -0.25, down from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2032 Municipal Bond ETF | -0.25 | -0.03 | — | 63 | Municipal Bonds | NVIR vs BSMW | |
| Fidelity Municipal Bond Opportunities ETF | -0.23 | -0.15 | -0.15 | 79 | Municipal Bonds | NVIR vs FMUB | |
| Franklin Short Duration U.S. Government ETF | -0.23 | -0.08 | — | 95 | Mortgage Backed Securities | NVIR vs FTSD | |
| JPMorgan Municipal ETF | -0.21 | 0.01 | -0.02 | 69 | Municipal Bonds | NVIR vs JMUB | |
| Franklin Liberty Federal Intermediate Tax-Free Bon... | -0.21 | -0.00 | -0.04 | 75 | Municipal Bonds | NVIR vs FLMI |
See all 1202 diversifiers for NVIR
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