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
212 ETFs have low correlation with NXTE (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, 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 | -0.48 | -0.37 | -0.38 | 53 | Cryptocurrency | NXTE vs BITI | |
| Invesco DB Energy Fund | -0.22 | -0.04 | 0.04 | 57 | Oil & Gas | NXTE vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | NXTE vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | NXTE vs IBID | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.12 | 0.05 | 0.11 | 52 | Commodities | NXTE vs COMT |
See all 1154 diversifiers for NXTE
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