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
991 ETFs have low correlation with NLSI (below 0.3), 106 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Themes US Infrastructure ETF | -0.14 | — | — | 58 | Industrials Equities | NLSI vs HWAY | |
| Bny Mellon Global Infrastructure Income ETF | -0.13 | -0.13 | -0.13 | 67 | Energy Equities | NLSI vs BKGI | |
| First Trust Materials AlphaDEX Fund | -0.12 | -0.12 | -0.12 | 50 | Materials | NLSI vs FXZ | |
| WisdomTree Global High Dividend Fund | -0.12 | -0.12 | -0.12 | 89 | Large Cap Value Equities, Dividend | NLSI vs DEW | |
| iShares U.S. Pharmaceuticals ETF | -0.11 | -0.11 | -0.11 | 93 | Health & Biotech Equities | NLSI vs IHE |
See all 1071 diversifiers for NLSI
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