Looking to balance out your exposure to NRT? The ETFs below have the lowest correlation with NRT — they tend to move on their own, which can help reduce risk when NRT drops. The stock ideas table highlights individual companies that behave independently from NRT.
Best Diversifiers for NRT
3 ETFs have low correlation with NRT (below 0.3), 0 of which are negatively correlated. The least correlated is Global X NASDAQ 100 Covered Call ETF (QYLD) (Nasdaq-100) with a 1Y correlation of 0.09, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | 0.09 | 0.07 | 0.09 | 88 | Nasdaq-100, Derivative Income | NRT vs QYLD | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.10 | 0.07 | — | 74 | Nasdaq-100, Derivative Income | NRT vs JEPQ | |
| Schwab U.S. Dividend Equity ETF | 0.19 | 0.22 | 0.19 | 80 | Dividend | NRT vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NRT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NRT and solid risk/return profiles. The least correlated is Sunoco LP (SUN) (Energy) with a 1Y correlation of 0.09, roughly unchanged from 0.17 over 5 years.
Build a portfolio that complements NRT
Add NRT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NRT