PortfoliosLab logoPortfoliosLab logo

Looking to balance out your exposure to NSRGY? The ETFs below have the lowest correlation with NSRGY — they tend to move on their own, which can help reduce risk when NSRGY drops. The stock ideas table highlights individual companies that behave independently from NSRGY.

Best Diversifiers for NSRGY

14 ETFs have low correlation with NSRGY (below 0.3), 1 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.24, down from -0.08 over 5 years.


See all 17 diversifiers for NSRGY

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from NSRGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NSRGY and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.13, down from 0.05 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NVIDIA Corporation-0.13-0.070.05
80
Technology
CrowdStrike Holdings, Inc.-0.10-0.090.00
72
Technology
Chevron Corporation-0.070.040.06
84
Energy
Cadence Design Systems, Inc.-0.04-0.020.09
69
Technology
ConocoPhillips Company-0.04-0.020.02
78
Energy
See all 62 low-correlation stocks for NSRGY

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements NSRGY

Add NSRGY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with NSRGY