Looking to diversify beyond NTSE? The ETFs below have the lowest correlation with NTSE — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from NTSE.
Best Diversifiers for NTSE
278 ETFs have low correlation with NTSE (below 0.3), 63 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.29 | -0.33 | 52 | Cryptocurrency | NTSE vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 70 | Inverse Equities, Leveraged Equities | NTSE vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 73 | Derivative Income | NTSE vs WNTR | |
| ProShares UltraShort Yen | -0.29 | -0.24 | -0.23 | 73 | Leveraged Currency | NTSE vs YCS | |
| Invesco DB Energy Fund | -0.25 | -0.03 | 0.07 | 57 | Oil & Gas | NTSE vs DBE |
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