Looking to balance out your exposure to NN.AS? The ETFs below have the lowest correlation with NN.AS — they tend to move on their own, which can help reduce risk when NN.AS drops. The stock ideas table highlights individual companies that behave independently from NN.AS.
Best Diversifiers for NN.AS
0 ETFs have low correlation with NN.AS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.AS) (S&P 500) with a 1Y correlation of 0.31, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.31 | 0.25 | 0.36 | 70 | S&P 500 | NN.AS vs VUSA.AS | |
| Vanguard FTSE All-World UCITS ETF (USD) Distributi... | 0.37 | 0.33 | 0.43 | 77 | Global Equities | NN.AS vs VWRL.AS |
Diversification Analysis
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Analyze a portfolio with NN.AS