Looking to balance out your exposure to NSYS? The ETFs below have the lowest correlation with NSYS — they tend to move on their own, which can help reduce risk when NSYS drops. The stock ideas table highlights individual companies that behave independently from NSYS.
Best Diversifiers for NSYS
1 ETFs have low correlation with NSYS (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.22, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.22 | 0.12 | 0.12 | 66 | S&P 500 | NSYS vs SPY |
Diversification Analysis
Build a portfolio that complements NSYS
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