Looking to diversify beyond NXTG? The ETFs below have the lowest correlation with NXTG — 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 NXTG.
Best Diversifiers for NXTG
190 ETFs have low correlation with NXTG (below 0.3), 37 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 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.05 | 0.08 | 71 | Oil & Gas | NXTG vs DBE | |
| United States Brent Oil Fund LP | -0.28 | -0.05 | 0.07 | 65 | Oil & Gas | NXTG vs BNO | |
| Invesco DB Oil Fund | -0.25 | -0.02 | 0.08 | 65 | Oil & Gas | NXTG vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | NXTG vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.19 | 0.05 | 0.14 | 71 | Commodities | NXTG vs COMT |
See all 1186 diversifiers for NXTG
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