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51 Stocks and 49 ETFs for diversifying NVOH (NOVO NORDISK A/S (B SHARES) ADRHEDGED)

The least correlated asset to NVOH (NOVO NORDISK A/S (B SHARES) ADRHEDGED) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with NVOH

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
CDMOAvid Bioservices Inc$797MN/AN/A-1.00
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.93
DMDesktop Metal Inc - Class A$165MN/AN/A-0.93
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.89
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.89
OPTNOptiNose Inc$112MN/AN/A-0.88
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.68
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.68
RCMR1 RCM Inc$6.04BHealthcareHealth Information Services-0.68
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.68
GRCLGracell Biotechnologies Inc$990MHealthcareBiotechnology-0.68
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.68
MCACRConnectM Technology Solutions Inc$2.93MN/AN/A-0.68
DBGIWDigital Brands Group Inc - Warrants (01/05/2026)$40MN/AN/A-0.68
FRLAUFortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$36MFinancial ServicesShell Companies-0.68
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.67
CNPCenterpoint Energy Inc$28BUtilitiesUtilities - Regulated Electric-0.63
FTSFortis Inc$29BUtilitiesUtilities - Regulated Electric-0.62
COKECoca-Cola Consolidated Inc$13BConsumer DefensiveBeverages - Non-alcoholic-0.61
KRKroger Company$35BConsumer DefensiveGrocery Stores-0.61
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.58
OMCCOld Market Capital Corp$28MFinancial ServicesCredit Services-0.58
CABOCable One Inc$228MCommunication ServicesTelecom Services-0.57
FDPDel Monte Corporation$1.36BConsumer DefensiveFarm Products-0.56
MCDMcDonald`s Corp$189BConsumer CyclicalRestaurants-0.54
ATOAtmos Energy Corp$29BUtilitiesUtilities - Regulated Gas-0.54
TECTPTectonic Financial Inc$40MFinancial ServicesBanks - Regional-0.53
VZVerizon Communications Inc$180BCommunication ServicesTelecom Services-0.53
DUKDuke Energy Corp$97BUtilitiesUtilities - Regulated Electric-0.53
DRRXDurect Corp$60MHealthcareDrug Manufacturers - Specialty & Generic-0.53
SYTSYLA Technologies Co Ltd$60MTechnologySoftware - Application-0.52
OGSONE Gas Inc$4.90BUtilitiesUtilities - Regulated Gas-0.51
NWNNorthwest Natural Holding Company$2.12BUtilitiesUtilities - Regulated Gas-0.51
AEPAmerican Electric Power Company Inc$72BUtilitiesUtilities - Regulated Electric-0.49
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.49
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.49
CMSCMS Energy Corporation$23BUtilitiesUtilities - Regulated Electric-0.49
XWELXWELL Inc$8.56MHealthcareDiagnostics & Research-0.48
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.47
LBTYALiberty Global plc - Class A$3.61BCommunication ServicesTelecom Services-0.47
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.47
PCGPG&E Corp$39BUtilitiesUtilities - Regulated Electric-0.46
CHCIComstock Holding Co. Inc - Class A$163MReal EstateReal Estate Services-0.46
TAT&T Inc$150BCommunication ServicesTelecom Services-0.45
SRDXSurmodics Inc$614MHealthcareMedical Devices-0.45
CELUCelularity Inc - Class A$22MHealthcareBiotechnology-0.45
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.44
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.44
CDIOCardio Diagnostics Holdings Inc$5.30MHealthcareBiotechnology-0.44
FEFirstenergy Corp$28BUtilitiesUtilities - Regulated Electric-0.44

ETFs that lowly correlated with NVOH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.88
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.68
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.68
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.67
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.65
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.65
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.65
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.65
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.63
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.61
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.61
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.60
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.59
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.58
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.57
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.56
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.56
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.55
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.54
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.54
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.53
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.53
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.53
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.52
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.52
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.51
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.50
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.49
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.49
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.48
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.47
IRVHGLOBAL X INTEREST RATE VOLATILITY & INFLATION HEDGE ETF $1.40M0.45%Jul 5, 2022-0.46
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.46
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.46
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.45
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.45
UFIVF/M US TREASURY 5 YEAR NOTE ETF $29M0.15%Mar 27, 2023-0.45
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.44