Looking to balance out your exposure to NCNO? The ETFs below have the lowest correlation with NCNO — they tend to move on their own, which can help reduce risk when NCNO drops. The stock ideas table highlights individual companies that behave independently from NCNO.
No Diversifiers Found for NCNO
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NCNO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NCNO and solid risk/return profiles. The least correlated is Ducommun Incorporated (DCO) (Industrials) with a 1Y correlation of 0.11, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ducommun Incorporated | 0.11 | 0.24 | 0.28 | 93 | Industrials | |
| Oscar Health, Inc. | 0.17 | 0.17 | 0.33 | 59 | Healthcare | |
| Reddit, Inc. | 0.20 | — | — | 62 | Communication Services | |
| Opendoor Technologies Inc. | 0.21 | 0.35 | 0.47 | 96 | Real Estate | |
| Lemonade, Inc. | 0.26 | 0.37 | 0.47 | 61 | Financial Services |
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