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
413 ETFs have low correlation with NERD (below 0.3), 47 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 60 | Inverse Equities, Leveraged Equities | NERD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | -0.37 | -0.37 | 65 | Derivative Income | NERD vs WNTR | |
| Direxion Daily MU Bull 2X Shares | -0.34 | -0.34 | -0.34 | 99 | Leveraged Equities, Semiconductors | NERD vs MUU | |
| ProShares UltraShort Yen | -0.22 | -0.18 | -0.14 | 75 | Leveraged Currency | NERD vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 99 | Ultrashort Bond | NERD vs BAMU |
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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 0.20, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AST SpaceMobile, Inc. | 0.20 | 0.29 | 0.36 | 69 | Technology | |
| Companhia de Saneamento Básico do Estado de São Pa... | 0.29 | 0.28 | 0.23 | 85 | Utilities | |
| Gold Fields Limited | 0.32 | 0.24 | 0.21 | 68 | Basic Materials | |
| Rocket Lab USA, Inc. | 0.37 | 0.40 | 0.45 | 79 | Industrials |
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