Looking to balance out your exposure to NTST? The ETFs below have the lowest correlation with NTST — they tend to move on their own, which can help reduce risk when NTST drops. The stock ideas table highlights individual companies that behave independently from NTST.
Best Diversifiers for NTST
1 ETFs have low correlation with NTST (below 0.3), 1 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of -0.06, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | -0.06 | 0.15 | 0.30 | 65 | S&P 500 | NTST vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NTST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NTST and solid risk/return profiles. The least correlated is Tyson Foods, Inc. (TSN) (Consumer Defensive) with a 1Y correlation of 0.23, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tyson Foods, Inc. | 0.23 | 0.29 | 0.31 | 58 | Consumer Defensive | |
| Iron Mountain Incorporated | 0.25 | 0.33 | 0.39 | 68 | Real Estate | |
| Alexander's, Inc. | 0.33 | 0.40 | 0.42 | 71 | Real Estate | |
| Simon Property Group, Inc. | 0.37 | 0.43 | 0.49 | 94 | Real Estate | |
| Realty Income Corporation | 0.58 | 0.64 | 0.64 | 78 | Real Estate |
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