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

Best Diversifiers for NDIA

314 ETFs have low correlation with NDIA (below 0.3), 36 of which are negatively correlated.


See all 1562 diversifiers for NDIA

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from NDIA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NDIA and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.13, down from 0.02 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Exxon Mobil Corporation-0.130.020.02
68
Energy
Iluka Resources Ltd ADR0.10
82
Basic Materials
AMN Healthcare Services, Inc.0.100.130.13
64
Healthcare
Lynas Rare Earths Ltd ADR0.130.200.20
81
Basic Materials
Illumina, Inc.0.140.220.22
83
Healthcare
See all 12 low-correlation stocks for NDIA

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Diversification Analysis

Build a portfolio that complements NDIA

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

Analyze a portfolio with NDIA