Looking to balance out your exposure to NSSC? The ETFs below have historically moved differently from NSSC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for NSSC
3 ETFs have low correlation with NSSC (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.24, down from 0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.24 | 0.33 | 0.36 | 95 | Dividend | NSSC vs SCHD | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.29 | 0.20 | 0.18 | 50 | Silver, Precious Metals | NSSC vs SLVP | |
| Global X MSCI Greece ETF | 0.29 | 0.30 | 0.31 | 61 | Emerging Markets Equities | NSSC vs GREK | |
| Vanguard S&P 500 ETF | 0.43 | 0.50 | 0.50 | 78 | S&P 500 | NSSC vs VOO | |
| State Street SPDR S&P 500 ETF | 0.44 | 0.51 | 0.50 | 78 | S&P 500 | NSSC vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NSSC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is uniQure N.V. (QURE) (Healthcare) with a 1Y correlation of -0.02, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| uniQure N.V. | -0.02 | 0.16 | 0.22 | 84 | Healthcare | |
| Welltower Inc. | 0.01 | 0.09 | 0.14 | 88 | Real Estate | |
| Liquidia Corporation | 0.02 | 0.14 | 0.17 | 99 | Healthcare | |
| BKV Corp | 0.04 | — | — | 60 | Energy | |
| Eton Pharmaceuticals Inc | 0.05 | 0.11 | 0.15 | 96 | Healthcare |
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