Looking to balance out your exposure to NIU? The ETFs below have the lowest correlation with NIU — they tend to move on their own, which can help reduce risk when NIU drops. The stock ideas table highlights individual companies that behave independently from NIU.
Best Diversifiers for NIU
1 ETFs have low correlation with NIU (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.24, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.24 | 0.24 | 0.34 | 74 | Nasdaq-100 | NIU vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NIU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NIU and solid risk/return profiles. The least correlated is Celestica Inc. (CLS) (Technology) with a 1Y correlation of 0.05, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Celestica Inc. | 0.05 | 0.11 | 0.17 | 94 | Technology | |
| Apple Inc | 0.19 | 0.17 | 0.25 | 90 | Technology | |
| LendingClub Corporation | 0.28 | 0.26 | 0.34 | 73 | Financial Services |
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