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43 Stocks and 57 ETFs for diversifying Nike (NKE)

The least correlated asset to Nike (NKE) is company Enhanced Group (APADR). The correlation is -0.7421.

Stocks that lowly correlated with NKE

SymbolName
Market cap
SectorIndustry
Correlation
APADREnhanced Group Inc$6.67MN/AN/A-0.74
CBION/A$432MHealthcareBiotechnology-0.71
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.71
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.71
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.67
PFAIPinnacle Food Group Ltd - Class A$43MConsumer DefensiveFarm Products-0.66
MGRTMega Fortune Company Ltd$1.03BTechnologyInformation Technology Services-0.57
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.57
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.54
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.53
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.53
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.52
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.51
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.51
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.51
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.51
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.50
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.50
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.50
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.48
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.47
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.47
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.43
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.42
OFALOFA Group$3.36MIndustrialsEngineering & Construction-0.41
IBTAIbotta Inc - Class A$753MTechnologySoftware - Application-0.40
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.40
MKDWMKDWELL Tech Inc$54MConsumer CyclicalAuto Parts-0.40
NSA-P-BNational Storage Affiliates Trust$1.87BN/AN/A-0.40
TJGCTJGC Group Ltd$69MCommunication ServicesAdvertising Agencies-0.39
RMSGReal Messenger Corporation$6.05MTechnologySoftware - Application-0.39
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.39
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.39
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.39
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.39
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.39
SKYQSky Quarry Inc$13MEnergyOil & Gas Integrated-0.38
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.38
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.38
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.37
GFRGreenfire Resources Ltd$737MEnergyOil & Gas E&p-0.37
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.37
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with NKE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.70
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.56
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.53
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.53
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.52
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.52
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.52
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.51
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.50
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.50
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.48
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.48
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.48
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.47
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.47
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.46
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.46
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.46
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.46
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.45
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.45
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.45
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.44
AVGWROUNDHILL AVGO WEEKLYPAY ETF $45MN/AJul 23, 2025-0.44
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.44
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.43
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.43
AVGUT-REX 2X LONG AVGO DAILY TARGET ETF $36MN/AJul 14, 2025-0.43
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.43
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.42
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.42
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.42
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.42
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.42
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.41
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.39
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.39
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.38
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.38
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.38
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.38
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.37
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.37
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.36