Looking to balance out your exposure to NX? The ETFs below have the lowest correlation with NX — they tend to move on their own, which can help reduce risk when NX drops. The stock ideas table highlights individual companies that behave independently from NX.
No Diversifiers Found for NX
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NX and solid risk/return profiles. The least correlated is Rigetti Computing Inc (RGTI) (Technology) with a 1Y correlation of 0.09, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rigetti Computing Inc | 0.09 | 0.20 | 0.19 | 66 | Technology |
Build a portfolio that complements NX
Add NX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NX