Looking to diversify beyond NVIT? The ETFs below have the lowest correlation with NVIT — 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 NVIT.
Best Diversifiers for NVIT
363 ETFs have low correlation with NVIT (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.38, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | -0.38 | -0.38 | 57 | Cryptocurrency | NVIT vs BITI | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.20 | -0.20 | -0.20 | 56 | Derivative Income | NVIT vs DOGG | |
| Barclays ETN+ Select MLP ETN | -0.18 | -0.18 | -0.18 | 61 | MLPs | NVIT vs ATMP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | -0.17 | -0.17 | 96 | Inflation-Protected Bonds | NVIT vs IBID | |
| First Trust North American Energy Infrastructure F... | -0.17 | -0.17 | -0.17 | 87 | MLPs | NVIT vs EMLP |
See all 1104 diversifiers for NVIT
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Diversification Analysis
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