Looking to balance out your exposure to NPKI? The ETFs below have the lowest correlation with NPKI — they tend to move on their own, which can help reduce risk when NPKI drops. The stock ideas table highlights individual companies that behave independently from NPKI.
No Diversifiers Found for NPKI
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 NPKI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NPKI and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.11, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.11 | 0.33 | 0.50 | 86 | Energy | |
| BrightSpring Health Services, Inc | 0.37 | — | — | 95 | Healthcare | |
| Baker Hughes Company | 0.38 | 0.47 | 0.56 | 91 | Energy | |
| Solaris Energy Infrastructure, Inc | 0.40 | 0.46 | 0.53 | 90 | Energy |
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