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30 Stocks and 70 ETFs for diversifying Nabors Industries (NBR)

The least correlated asset to Nabors Industries (NBR) is ETF OILD (Bank of Montreal). The correlation is -0.7478.

Stocks that lowly correlated with NBR

SymbolName
Market cap
SectorIndustry
Correlation
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.71
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.61
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.59
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.56
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.52
IQSTiQSTEL Inc$6.04MCommunication ServicesTelecom Services-0.52
KIDZClassover Holdings Inc$2.67MConsumer DefensiveEducation & Training Services-0.52
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.51
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.51
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.50
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.50
FVNNRFuture Vision II Acquisition Corporation Right$198KN/AN/A-0.48
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.47
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.47
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.46
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.46
CCIXChurchill Capital Corp IX$310MFinancial ServicesShell Companies-0.44
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.43
AAPGAscentage Pharma Group International$1.93BHealthcareBiotechnology-0.43
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.43
BEAGBold Eagle Acquisition Corp$273MFinancial ServicesShell Companies-0.42
CNLCollective Mining Ltd.$1.40BBasic MaterialsGold-0.42
ARAIArrive AI Inc$26MTechnologyScientific & Technical Instruments-0.41
BMNRBitMine Immersion Technologies Inc$9.30BFinancial ServicesCapital Markets-0.41
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.40
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.39
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.38
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.38
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$54MFinancial ServicesShell Companies-0.38
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.38

ETFs that lowly correlated with NBR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$19MN/ANov 8, 2021-0.75
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.69
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.66
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.66
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.66
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.65
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.64
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.55
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.54
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.52
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.52
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.51
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.50
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.50
METWROUNDHILL META WEEKLYPAY ETF $27MN/AJun 17, 2025-0.49
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.48
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.48
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.46
PLTYYieldMax PLTR Option Income Strategy ETF$348M1.07%Oct 7, 2024-0.45
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.45
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.44
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.43
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.43
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $27MN/AApr 3, 2025-0.43
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.42
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.42
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.42
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.42
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $81M0.10%Sep 13, 2023-0.42
GOVIINVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF $1.20B0.15%Oct 11, 2007-0.41
GOVTISHARES U.S. TREASURY BOND ETF $41B0.05%Feb 14, 2012-0.41
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.41
IBTKISHARES IBONDS DEC 2030 TERM TREASURY ETF $856M0.07%Jul 14, 2020-0.41
VGLTVANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES$14B0.03%Nov 19, 2009-0.41
SPTLSPDR(R) PORTFOLIO LONG TERM TREASURY ETF $11B0.03%May 23, 2007-0.41
TLTISHARES 20+ YEAR TREASURY BOND ETF $43B0.15%Jul 22, 2002-0.40
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.40
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.40
PLTUT-REX 2X LONG PLTR DAILY TARGET ETF$487MN/ADec 10, 2024-0.40
HBTCFortuna Hedged Bitcoin ETF$815K1.97%Mar 18, 2025-0.40
NFLYYIELDMAX(R) NFLX OPTION INCOME STRATEGY ETF $80M1.01%Aug 7, 2023-0.40
UBTPROSHARES ULTRA 20+ YEAR TREASURY $66MN/AJan 19, 2010-0.40
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.39
SCHQSCHWAB LONG-TERM U.S. TREASURY ETF $897M0.03%Oct 9, 2019-0.39
IEFISHARES 7-10 YEAR TREASURY BOND ETF $49B0.15%Jul 22, 2002-0.39
TMFDIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES $2.70BN/AApr 16, 2009-0.39
TLHISHARES 10-20 YEAR TREASURY BOND ETF $12B0.15%Jan 5, 2007-0.39
TYDDIREXION DAILY 7-10 YEAR TREASURY BULL 3X SHARES $36MN/AApr 16, 2009-0.39
EDVVANGUARD EXTENDED DURATION TREASURY INDEX FUND ETF SHARES$4.40B0.05%Dec 6, 2007-0.39
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.39
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.39
ZROZPIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND $1.40B0.15%Oct 30, 2009-0.39
USTPROSHARES ULTRA 7-10 YEAR TREASURY $19MN/AJan 19, 2010-0.39
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.38
SPTISPDR(R) PORTFOLIO INTERMEDIATE TERM TREASURY ETF $10B0.03%May 23, 2007-0.38
VGITVANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND ETF SHARES$49B0.03%Nov 19, 2009-0.38
SCHRSCHWAB INTERMEDIATE-TERM U.S. TREASURY ETF $13B0.03%Aug 5, 2010-0.38
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.38
IBTHISHARES IBONDS DEC 2027 TERM TREASURY ETF $2.10B0.07%Feb 25, 2020-0.38
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.38
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.38
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $97M0.10%Sep 13, 2023-0.38
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.38
IEIISHARES 3-7 YEAR TREASURY BOND ETF $19B0.15%Jan 5, 2007-0.38