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Looking to diversify beyond NATO? The ETFs below have the lowest correlation with NATO — 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 NATO.

Best Diversifiers for NATO

267 ETFs have low correlation with NATO (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, roughly unchanged from -0.09 over 5 years.


See all 1563 diversifiers for NATO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from NATO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NATO and solid risk/return profiles.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Duke Energy Corporation-0.04
62
Utilities
Energy Transfer LP0.01
67
Energy
CVS Health Corporation0.07
85
Healthcare
British American Tobacco p.l.c.0.09
73
Consumer Defensive
Nokia Corporation0.23
95
Technology
See all 8 low-correlation stocks for NATO

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Diversification Analysis

Build a portfolio that complements NATO

Add NATO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with NATO