Looking to diversify beyond NLSI? The ETFs below have the lowest correlation with NLSI — 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 NLSI.
Best Diversifiers for NLSI
1026 ETFs have low correlation with NLSI (below 0.3), 151 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.27, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.27 | -0.27 | -0.27 | 64 | Dividend, Large Cap Value Equities | NLSI vs HDV | |
| FT Energy Income Partners Strategy ETF | -0.20 | -0.20 | -0.20 | 75 | Energy Equities | NLSI vs EIPX | |
| VictoryShares US EQ Income Enhanced Volatility Wtd... | -0.20 | -0.20 | -0.20 | 68 | Large Cap Value Equities | NLSI vs CDC | |
| Franklin Liberty Systematic Style Premia ETF | -0.20 | -0.20 | -0.20 | 60 | Long-Short | NLSI vs FLSP | |
| VictoryShares US Large Cap High Dividend Volatilit... | -0.20 | -0.20 | -0.20 | 67 | Large Cap Value Equities, Dividend | NLSI vs CDL |
See all 1114 diversifiers for NLSI
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