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33 Stocks and 67 ETFs for diversifying Nordson (NDSN)

The least correlated asset to Nordson (NDSN) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.7973.

Stocks that lowly correlated with NDSN

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.67
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.59
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.55
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.52
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.49
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.48
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.46
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.45
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.44
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.43
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.43
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.42
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.42
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.40
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.39
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.39
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.39
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.38
HTLMHomesToLife Ltd$157MConsumer CyclicalSpecialty Retail-0.38
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.38
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.38
NUKKWNukkleus Inc - Warrants (22/12/2028)$1.41BN/AN/A-0.37
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.37
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.37
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.37
MLGOMicroAlgo Inc$43MTechnologySoftware - Infrastructure-0.36
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.36
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.36
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.36
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.36
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.36
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.36
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.35

ETFs that lowly correlated with NDSN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.80
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.77
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.77
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.76
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.76
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.74
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.74
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.73
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.73
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.73
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.73
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.72
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.72
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.72
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.71
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.70
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.70
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.69
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.68
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.67
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.67
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.67
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.66
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.63
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.62
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.60
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.60
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.59
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.58
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.58
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.57
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.56
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.55
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.55
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.54
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.54
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.53
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.53
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.53
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.53
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.53
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.53
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.52
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.52
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.51
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.50
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.49
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
OILDBank of Montreal$19MN/ANov 8, 2021-0.46
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.43
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.41
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.41
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.40
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.40
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.37
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.37
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.36