Looking to diversify beyond NTSX? The ETFs below have the lowest correlation with NTSX — 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 NTSX.
Best Diversifiers for NTSX
217 ETFs have low correlation with NTSX (below 0.3), 65 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.08 | 0.04 | 71 | Oil & Gas | NTSX vs DBE | |
| United States Oil Fund LP | -0.29 | -0.08 | 0.03 | 66 | Oil & Gas | NTSX vs USO | |
| United States Brent Oil Fund LP | -0.28 | -0.07 | 0.03 | 65 | Oil & Gas | NTSX vs BNO | |
| ProShares UltraShort Yen | -0.27 | -0.13 | -0.13 | 61 | Leveraged Currency | NTSX vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | — | — | 56 | Derivative Income | NTSX vs USOY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NTSX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NTSX and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.15, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.15 | 0.05 | 0.16 | 83 | Energy | |
| Exxon Mobil Corporation | -0.14 | 0.04 | 0.14 | 85 | Energy | |
| ConocoPhillips Company | -0.14 | 0.07 | 0.16 | 76 | Energy | |
| Altria Group, Inc. | -0.12 | 0.05 | 0.13 | 69 | Consumer Defensive | |
| BP p.l.c. | -0.09 | 0.10 | 0.18 | 87 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements NTSX
Add NTSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NTSX