Looking to balance out your exposure to NTTYY? The ETFs below have the lowest correlation with NTTYY — they tend to move on their own, which can help reduce risk when NTTYY drops. The stock ideas table highlights individual companies that behave independently from NTTYY.
Best Diversifiers for NTTYY
3 ETFs have low correlation with NTTYY (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.03, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.03 | -0.02 | 0.01 | 100 | Government Bonds, Ultrashort Bond | NTTYY vs BIL | |
| iShares Core S&P 500 ETF | 0.21 | 0.15 | 0.19 | 59 | S&P 500 | NTTYY vs IVV | |
| State Street SPDR S&P 500 ETF | 0.22 | 0.16 | 0.19 | 59 | S&P 500 | NTTYY vs SPY | |
| iShares MSCI Japan Value ETF | 0.43 | 0.50 | 0.48 | 56 | Japan Equities, Large Cap Value Equities | NTTYY vs EWJV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NTTYY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NTTYY and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.01, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.01 | 0.05 | 0.09 | 72 | Technology | |
| CrowdStrike Holdings, Inc. | 0.02 | 0.03 | 0.08 | 65 | Technology | |
| Marubeni Corp ADR | 0.16 | 0.28 | 0.25 | 77 | Industrials | |
| Vinci SA ADR | 0.23 | 0.24 | 0.22 | 52 | Industrials | |
| Mitsui & Company Ltd | 0.27 | 0.31 | 0.27 | 75 | Industrials |
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