Looking to diversify beyond NERD? The ETFs below have the lowest correlation with NERD — 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 NERD.
Best Diversifiers for NERD
345 ETFs have low correlation with NERD (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.18 | -0.14 | 61 | Leveraged Currency | NERD vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | NERD vs BAMU | |
| Breakwave Tanker Shipping ETF | -0.14 | -0.07 | — | 98 | Commodities | NERD vs BWET | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.13 | -0.04 | 0.03 | 100 | Government Bonds, Ultrashort Bond | NERD vs BIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | NERD vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NERD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NERD and solid risk/return profiles. The least correlated is AST SpaceMobile, Inc. (ASTS) (Technology) with a 1Y correlation of 0.19, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AST SpaceMobile, Inc. | 0.19 | 0.26 | 0.34 | 64 | Technology | |
| Red Cat Holdings, Inc. | 0.24 | 0.18 | 0.23 | 62 | Industrials | |
| Gold Fields Limited | 0.31 | 0.24 | 0.21 | 65 | Basic Materials | |
| Companhia de Saneamento Básico do Estado de São Pa... | 0.32 | 0.28 | 0.23 | 71 | Utilities | |
| IonQ, Inc. | 0.35 | 0.41 | 0.47 | 59 | Technology |
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