Looking to balance out your exposure to NMRK? The ETFs below have the lowest correlation with NMRK — they tend to move on their own, which can help reduce risk when NMRK drops. The stock ideas table highlights individual companies that behave independently from NMRK.
Best Diversifiers for NMRK
0 ETFs have low correlation with NMRK (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.36, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.36 | 0.41 | 0.47 | 73 | Nasdaq-100 | NMRK vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.45 | 0.51 | 0.56 | 70 | S&P 500 | NMRK vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NMRK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NMRK and solid risk/return profiles. The least correlated is CareTrust REIT, Inc. (CTRE) (Real Estate) with a 1Y correlation of 0.09, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CareTrust REIT, Inc. | 0.09 | 0.22 | 0.29 | 82 | Real Estate | |
| Jones Lang LaSalle Incorporated | 0.78 | 0.80 | 0.78 | 64 | Real Estate | |
| Cushman & Wakefield plc | 0.78 | 0.79 | 0.77 | 57 | Real Estate |
Build a portfolio that complements NMRK
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