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
918 ETFs have low correlation with NVIR (below 0.3), 148 of which are negatively correlated. The least correlated is Franklin Short Duration U.S. Government ETF (FTSD) (Mortgage Backed Securities) with a 1Y correlation of -0.23, down from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | -0.23 | -0.08 | — | 96 | Mortgage Backed Securities | NVIR vs FTSD | |
| Fidelity Municipal Bond Opportunities ETF | -0.22 | — | — | 85 | Municipal Bonds | NVIR vs FMUB | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.22 | -0.02 | — | 72 | Municipal Bonds | NVIR vs BSMW | |
| ProShares Short Bitcoin ETF | -0.21 | -0.21 | -0.20 | 57 | Cryptocurrency | NVIR vs BITI | |
| Avantis Credit ETF | -0.20 | -0.18 | -0.18 | 51 | Global Bonds | NVIR vs AVGB |
See all 1138 diversifiers for NVIR
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