Looking to balance out your exposure to NTCT? The ETFs below have the lowest correlation with NTCT — they tend to move on their own, which can help reduce risk when NTCT drops. The stock ideas table highlights individual companies that behave independently from NTCT.
Best Diversifiers for NTCT
0 ETFs have low correlation with NTCT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.49, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.49 | 0.44 | 0.51 | 70 | S&P 500 | NTCT vs VOO | |
| State Street SPDR S&P 500 ETF | 0.49 | 0.44 | 0.51 | 70 | S&P 500 | NTCT vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NTCT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NTCT and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of 0.18, roughly unchanged from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | 0.18 | 0.23 | — | 85 | Technology | |
| Fortinet, Inc. | 0.37 | 0.31 | 0.36 | 66 | Technology | |
| Photronics, Inc. | 0.45 | 0.42 | 0.44 | 75 | Technology | |
| F5 Networks, Inc. | 0.50 | 0.46 | 0.52 | 68 | Technology |
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