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28 Stocks and 72 ETFs for diversifying Norfolk Southern (NSC)

The least correlated asset to Norfolk Southern (NSC) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.8085.

Stocks that lowly correlated with NSC

SymbolName
Market cap
SectorIndustry
Correlation
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.60
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.58
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.57
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.56
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.54
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.54
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.50
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.49
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.47
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.46
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.46
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.44
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.43
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.42
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.42
PELIRPelican Acquisition Corp$2.80MN/AN/A-0.41
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.40
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.39
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.39
IBIOiBio Inc$65MHealthcareBiotechnology-0.38
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.38
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.37
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.37
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.37
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.37
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.37
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.36
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.36

ETFs that lowly correlated with NSC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.81
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.79
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.78
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.77
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.77
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.77
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.76
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.75
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.75
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.75
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.75
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.75
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.74
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.74
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.74
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.74
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.71
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.69
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.69
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.69
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.68
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.65
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.64
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.64
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.63
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.62
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.62
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.62
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.61
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.58
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.58
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.58
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.55
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.54
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.53
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.53
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.52
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.52
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.51
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.50
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.50
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.50
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.49
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.49
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.49
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.43
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.42
OILDBank of Montreal$19MN/ANov 8, 2021-0.42
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.42
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.40
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.40
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.39
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.39
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.38
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.37
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.37
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.36