6 Stocks and 94 ETFs for diversifying NVDS (Tradr 1.5X Short NVDA Daily ETF)
The least correlated asset to NVDS (Tradr 1.5X Short NVDA Daily ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with NVDS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| NVDA | NVIDIA Corp | $5.16T | Technology | Semiconductors | -0.98 |
| SWETU | Athlon Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $277M | N/A | N/A | -0.94 |
| SWET | Athlon Acquisition Corp - Class A | $278M | N/A | N/A | -0.87 |
| SPTK | SportsTek Acquisition Corp - Class A | $219M | N/A | N/A | -0.86 |
| TSIB | Tishman Speyer Innovation Corp II - Class A | $302M | N/A | N/A | -0.84 |
| MONCU | Monument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $251M | N/A | N/A | -0.83 |