Looking to balance out your exposure to NSSC? The ETFs below have the lowest correlation with NSSC — they tend to move on their own, which can help reduce risk when NSSC drops. The stock ideas table highlights individual companies that behave independently from NSSC.
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 0.26, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.26 | 0.32 | 0.35 | 80 | Dividend | NSSC vs SCHD | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.27 | 0.20 | 0.18 | 55 | Silver, Precious Metals | NSSC vs SLVP | |
| Defiance Daily Target 2X Long AVGO ETF | 0.29 | 0.35 | 0.35 | 50 | Leveraged Equities | NSSC vs AVGX | |
| ProShares UltraPro QQQ | 0.41 | 0.46 | 0.48 | 71 | Leveraged Equities | NSSC vs TQQQ | |
| Vanguard S&P 500 ETF | 0.44 | 0.49 | 0.49 | 70 | S&P 500 | NSSC vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NSSC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NSSC and solid risk/return profiles. The least correlated is Vista Oil & Gas, S.A.B. de C.V. (VIST) (Energy) with a 1Y correlation of -0.11, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | -0.11 | 0.05 | 0.08 | 68 | Energy | |
| Welltower Inc. | -0.01 | 0.10 | 0.14 | 79 | Real Estate | |
| BKV Corp | 0.03 | — | — | 57 | Energy | |
| Liquidia Corporation | 0.04 | 0.14 | 0.18 | 93 | Healthcare | |
| Elbit Systems Ltd | 0.06 | 0.12 | 0.17 | 88 | Industrials |
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