Looking to balance out your exposure to NAT? The ETFs below have the lowest correlation with NAT — they tend to move on their own, which can help reduce risk when NAT drops. The stock ideas table highlights individual companies that behave independently from NAT.
Best Diversifiers for NAT
3 ETFs have low correlation with NAT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.04, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.04 | 0.10 | 0.16 | 66 | S&P 500 | NAT vs VOO | |
| State Street SPDR S&P 500 ETF | 0.04 | 0.10 | 0.17 | 65 | S&P 500 | NAT vs SPY | |
| iShares U.S. Infrastructure ETF | 0.15 | 0.18 | 0.24 | 68 | Industrials Equities | NAT vs IFRA |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NAT and solid risk/return profiles. The least correlated is YPF Sociedad Anónima (YPF) (Energy) with a 1Y correlation of 0.01, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| YPF Sociedad Anónima | 0.01 | 0.12 | 0.19 | 76 | Energy | |
| Nutrien Ltd. | 0.02 | 0.17 | 0.26 | 61 | Basic Materials | |
| CVS Health Corporation | 0.03 | 0.07 | 0.08 | 92 | Healthcare | |
| Walmart Inc. | 0.03 | 0.04 | 0.06 | 69 | Consumer Defensive | |
| Brinker International, Inc. | 0.05 | 0.05 | 0.10 | 52 | Consumer Cyclical |
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