Looking to balance out your exposure to NGVT? The ETFs below have the lowest correlation with NGVT — they tend to move on their own, which can help reduce risk when NGVT drops. The stock ideas table highlights individual companies that behave independently from NGVT.
Best Diversifiers for NGVT
0 ETFs have low correlation with NGVT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.45, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.45 | 0.43 | 0.50 | 74 | S&P 500 | NGVT vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NGVT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NGVT and solid risk/return profiles. The least correlated is Corteva, Inc. (CTVA) (Basic Materials) with a 1Y correlation of 0.39, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Corteva, Inc. | 0.39 | 0.47 | 0.45 | 51 | Basic Materials | |
| Steel Dynamics, Inc. | 0.45 | 0.43 | 0.43 | 93 | Basic Materials | |
| Olin Corporation | 0.50 | 0.53 | 0.55 | 58 | Basic Materials |
Build a portfolio that complements NGVT
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