Looking to balance out your exposure to NTLA? The ETFs below have the lowest correlation with NTLA — they tend to move on their own, which can help reduce risk when NTLA drops. The stock ideas table highlights individual companies that behave independently from NTLA.
Best Diversifiers for NTLA
3 ETFs have low correlation with NTLA (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab Short-Term U.S. Treasury ETF (SCHO) (Government Bonds) with a 1Y correlation of 0.07, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Short-Term U.S. Treasury ETF | 0.07 | 0.11 | 0.10 | 82 | Government Bonds, Short-Term Bond | NTLA vs SCHO | |
| Schwab U.S. Dividend Equity ETF | 0.22 | 0.36 | 0.38 | 87 | Dividend | NTLA vs SCHD | |
| Global X Lithium & Battery Tech ETF | 0.27 | 0.36 | 0.41 | 92 | Lithium & Battery Metals | NTLA vs LIT | |
| Vanguard Information Technology ETF | 0.33 | 0.35 | 0.44 | 60 | Technology Equities | NTLA vs VGT | |
| Amplify Lithium & Battery Technology ETF | 0.35 | 0.40 | 0.45 | 76 | Lithium & Battery Metals | NTLA vs BATT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NTLA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NTLA and solid risk/return profiles. The least correlated is Bank of America Corporation (BAC) (Financial Services) with a 1Y correlation of 0.12, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bank of America Corporation | 0.12 | 0.24 | 0.30 | 74 | Financial Services | |
| NVIDIA Corporation | 0.19 | 0.16 | 0.31 | 66 | Technology | |
| Amphenol Corporation | 0.19 | 0.24 | 0.32 | 82 | Technology | |
| Bristol-Myers Squibb Company | 0.19 | 0.22 | 0.19 | 71 | Healthcare | |
| Merck & Co., Inc. | 0.20 | 0.14 | 0.09 | 92 | Healthcare |
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