Looking to balance out your exposure to NTRA? The ETFs below have the lowest correlation with NTRA — they tend to move on their own, which can help reduce risk when NTRA drops. The stock ideas table highlights individual companies that behave independently from NTRA.
Best Diversifiers for NTRA
4 ETFs have low correlation with NTRA (below 0.3), 2 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.11, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.06 | -0.01 | 100 | Ultrashort Bond | NTRA vs SGOV | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.07 | 0.03 | 0.06 | 74 | Commodities | NTRA vs PDBC | |
| VanEck Semiconductor ETF | 0.23 | 0.38 | 0.43 | 96 | Semiconductors, Technology Equities | NTRA vs SMH | |
| iShares U.S. Technology ETF | 0.28 | 0.40 | 0.46 | 75 | Technology Equities | NTRA vs IYW | |
| State Street SPDR S&P 500 ETF | 0.32 | 0.43 | 0.46 | 70 | S&P 500 | NTRA vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NTRA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NTRA and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.14, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.14 | -0.04 | 0.04 | 85 | Energy | |
| Walmart Inc. | -0.07 | 0.11 | 0.13 | 63 | Consumer Defensive | |
| The Coca-Cola Company | -0.07 | -0.04 | 0.04 | 66 | Consumer Defensive | |
| Nokia Corporation | -0.03 | 0.12 | 0.25 | 96 | Technology | |
| YPF Sociedad Anónima | -0.00 | 0.14 | 0.14 | 71 | Energy |
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