Looking to balance out your exposure to NLST? The ETFs below have the lowest correlation with NLST — they tend to move on their own, which can help reduce risk when NLST drops. The stock ideas table highlights individual companies that behave independently from NLST.
No Diversifiers Found for NLST
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NLST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NLST and solid risk/return profiles. The least correlated is BlackBerry Limited (BB) (Technology) with a 1Y correlation of 0.07, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackBerry Limited | 0.07 | 0.03 | 0.12 | 89 | Technology | |
| Micron Technology, Inc. | 0.21 | 0.08 | 0.12 | 99 | Technology |
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