Skip to main content

Want a detailed portfolio tracker?

58 Stocks and 42 ETFs for diversifying NIO (NIO)

The least correlated asset to NIO (NIO) is company P10, (PX). The correlation is -1.

Stocks that lowly correlated with NIO

SymbolName
Market cap
SectorIndustry
Correlation
PXP10, Inc.$18BFinancial ServicesAsset Management-1.00
PHHPark Ha Biological Technology Co Ltd$11MConsumer DefensiveHousehold & Personal Products-0.89
GORVLazydays Holdings Inc$1.58MConsumer CyclicalAuto & Truck Dealerships-0.77
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.65
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.57
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.57
RALRalliant Corporation$6.99BN/AN/A-0.55
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.55
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.53
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.52
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.52
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.52
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.51
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.49
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.48
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.48
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.45
LIMNLiminatus Pharma Inc$8.08MHealthcareBiotechnology-0.45
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.45
CGTLCreative Global Technology Holdings Ltd$6.55MConsumer CyclicalSpecialty Retail-0.44
NHICNewHold Investment Corp III - Class A$202MN/AN/A-0.43
COLARColumbus Acquisition Corp Rights$1.07MN/AN/A-0.42
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.42
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.41
LOKVLive Oak Acquisition Corp V - Class A$243MFinancial ServicesShell Companies-0.41
NHICUNewHold Investment Corp II - Units (1 Ord Share Class A & 1/2 War)$210MN/AN/A-0.40
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.40
MSIFMSC Income Fund Inc$548MFinancial ServicesAsset Management-0.40
SBXDSilverBox Corp IV - Class A$221MFinancial ServicesShell Companies-0.40
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.40
FACTFACT II Acquisition Corp - Class A$197MFinancialsInvestment Holding Companies-0.40
DTSQUDT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts)$75MFinancial ServicesShell Companies-0.40
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.39
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.38
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.38
RBNERobin Energy Ltd$13MEnergyOil & Gas Midstream-0.37
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.37
CBLLCeribell Inc$708MHealthcareMedical Devices-0.36
SMXTSolarMax Technology Inc$31MTechnologySolar-0.36
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.36
DUETUDUET Acquisition Corp - Units (1 Ord Share Class A & 1 War)$15MFinancial ServicesShell Companies-0.36
DRDBURoman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War)$243MFinancial ServicesShell Companies-0.36
ISRLUIsrael Acquisitions Corp - Units (1 Ord Share Class A & 1 War)$24MFinancial ServicesShell Companies-0.36
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.35
PCSCPerceptive Capital Solutions Corp - Class A$97MFinancial ServicesShell Companies-0.35
WFFWF Holding Ltd$10MIndustrialsSpecialty Industrial Machinery-0.35
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.35
AMBRAmber Road Inc$151MTechnologySoftware - Infrastructure-0.34
VOYGVoyager Technologies Inc - Class A$2.83BIndustrialsAerospace & Defense-0.34
INRInfinity Natural Resources Inc - Class A$239MEnergyOil & Gas E&p-0.34
ASPCUA SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$19MFinancial ServicesShell Companies-0.34
MBAVM3 Brigade Acquisition V Corp - Class A$310MFinancial ServicesShell Companies-0.34
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.33
RIBBRibbon Acquisition Corp$42MFinancial ServicesShell Companies-0.33
MDCXMedicus Pharma Ltd. Common Stock$12MN/AN/A-0.33
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.32
DAAQUDigital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$53MFinancial ServicesShell Companies-0.32
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.32

ETFs that lowly correlated with NIO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.50
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.48
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.47
SOFRAmplify Samsung SOFR ETF$423M0.20%Nov 14, 2023-0.46
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.46
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $70M0.20%Sep 24, 2024-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.46
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.42
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.41
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.41
ELILDirexion Daily LLY Bull 2X Shares$18MN/AMar 25, 2025-0.41
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.40
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.40
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.38
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.38
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.37
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.37
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.37
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.36
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.36
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.35
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.35
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.35
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.35
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.35
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.35
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.35
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.34
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.34
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.34
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.34
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.33
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.33
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.33
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.33
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.33
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.33
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.32