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

Best Diversifiers for NIXT

168 ETFs have low correlation with NIXT (below 0.3), 17 of which are negatively correlated.


See all 1131 diversifiers for NIXT

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from NIXT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NIXT and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.19, down from 0.30 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NVIDIA Corporation0.190.300.30
69
Technology
Regency Centers Corporation0.270.320.32
79
Real Estate
Micron Technology, Inc.0.300.400.40
99
Technology
Rolls-Royce Holdings plc0.33
78
Industrials
Taiwan Semiconductor Manufacturing Company Limited0.360.390.39
93
Technology
See all 7 low-correlation stocks for NIXT

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Diversification Analysis

Build a portfolio that complements NIXT

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

Analyze a portfolio with NIXT