Looking to balance out your exposure to NNN? The ETFs below have the lowest correlation with NNN — they tend to move on their own, which can help reduce risk when NNN drops. The stock ideas table highlights individual companies that behave independently from NNN.
Best Diversifiers for NNN
10 ETFs have low correlation with NNN (below 0.3), 2 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of -0.09, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | -0.09 | 0.03 | 0.17 | 74 | Nasdaq-100, Derivative Income | NNN vs JEPQ | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | -0.08 | 0.01 | 0.01 | 81 | Nasdaq-100, Dividend | NNN vs GPIQ | |
| Vanguard S&P 500 ETF | 0.03 | 0.19 | 0.35 | 70 | S&P 500 | NNN vs VOO | |
| State Street SPDR S&P 500 ETF | 0.03 | 0.19 | 0.35 | 70 | S&P 500 | NNN vs SPY | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.03 | 0.15 | 0.15 | 75 | Derivative Income, S&P 500 | NNN vs GPIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NNN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NNN and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.25, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.25 | -0.15 | 0.05 | 78 | Technology | |
| Amazon.com, Inc | -0.12 | -0.05 | 0.12 | 60 | Consumer Cyclical | |
| Cisco Systems, Inc. | -0.10 | 0.10 | 0.25 | 95 | Technology | |
| Dycom Industries, Inc. | 0.01 | 0.12 | 0.23 | 90 | Industrials | |
| Global Ship Lease, Inc. | 0.01 | 0.04 | 0.12 | 86 | Industrials |
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