Looking to diversify beyond NXTE? The ETFs below have the lowest correlation with NXTE — 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 NXTE.
Best Diversifiers for NXTE
195 ETFs have low correlation with NXTE (below 0.3), 36 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.04 | — | 71 | Oil & Gas | NXTE vs DBE | |
| United States Brent Oil Fund LP | -0.28 | -0.04 | 0.03 | 65 | Oil & Gas | NXTE vs BNO | |
| Invesco DB Oil Fund | -0.24 | -0.02 | — | 65 | Oil & Gas | NXTE vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | NXTE vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | 0.05 | 0.11 | 71 | Commodities | NXTE vs GSG |
See all 1162 diversifiers for NXTE
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