Looking to balance out your exposure to NTES? The ETFs below have the lowest correlation with NTES — they tend to move on their own, which can help reduce risk when NTES drops. The stock ideas table highlights individual companies that behave independently from NTES.
Best Diversifiers for NTES
6 ETFs have low correlation with NTES (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of 0.01, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.01 | -0.02 | -0.00 | 100 | Ultrashort Bond | NTES vs SGOV | |
| Avantis US Small Cap Value ETF | 0.19 | 0.24 | 0.28 | 86 | Small Cap Value Equities | NTES vs AVUV | |
| iMGP DBi Managed Futures Strategy ETF | 0.23 | 0.13 | 0.03 | 86 | Systematic Trend | NTES vs DBMF | |
| Invesco QQQ ETF | 0.25 | 0.27 | 0.32 | 53 | Nasdaq-100 | NTES vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.28 | 0.31 | 65 | S&P 500 | NTES vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NTES, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NTES and solid risk/return profiles. The least correlated is Arch Capital Group Ltd. (ACGL) (Financial Services) with a 1Y correlation of -0.12, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arch Capital Group Ltd. | -0.12 | -0.01 | 0.06 | 62 | Financial Services | |
| Altria Group, Inc. | -0.11 | -0.00 | 0.01 | 80 | Consumer Defensive | |
| Chubb Limited | -0.11 | 0.03 | 0.06 | 82 | Financial Services | |
| McKesson Corporation | -0.08 | -0.07 | -0.03 | 62 | Healthcare | |
| CNA Financial Corporation | -0.07 | 0.05 | 0.10 | 78 | Financial Services |
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Build a portfolio that complements NTES
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