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42 Stocks and 58 ETFs for diversifying Nike (NKE)

The least correlated asset to Nike (NKE) is company Siddhi Acquisition (SDHI). The correlation is -0.7225.

Stocks that lowly correlated with NKE

SymbolName
Market cap
SectorIndustry
Correlation
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.72
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.71
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.69
PFAIPinnacle Food Group Ltd - Class A$46MConsumer DefensiveFarm Products-0.66
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.59
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.55
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.53
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.52
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.51
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.51
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.51
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.51
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.50
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.49
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.47
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.46
OFALOFA Group$10MIndustrialsEngineering & Construction-0.45
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.44
MKDWMKDWELL Tech Inc$38MConsumer CyclicalAuto Parts-0.43
SKYQSky Quarry Inc$9.03MEnergyOil & Gas Integrated-0.42
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.41
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.41
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.41
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.41
TJGCTJGC Group Ltd$101MCommunication ServicesAdvertising Agencies-0.40
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.40
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.40
NSA-P-BNational Storage Affiliates Trust$2.18BN/AN/A-0.40
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.40
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.39
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.39
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.39
ADVBAdvanced Biomed Inc$5.36MHealthcareDiagnostics & Research-0.39
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.38
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.38
RMSGReal Messenger Corporation$7.06MTechnologySoftware - Application-0.38
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.38
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.37
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.37
GFRGreenfire Resources Ltd$737MEnergyOil & Gas E&p-0.37
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.36
ESLAEstrella Immunopharma Inc$48MHealthcareBiotechnology-0.35

ETFs that lowly correlated with NKE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.56
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.55
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.53
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.53
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.52
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.52
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.50
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.50
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.50
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.49
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.48
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.47
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.47
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.47
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.47
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.47
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.47
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.46
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.46
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.45
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.44
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.44
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.43
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.43
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.42
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.42
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.42
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.42
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.42
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.41
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.39
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/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 $37MN/ADec 17, 2008-0.38
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.38
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.37
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.37
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.37
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.36
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.36
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.36
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.35
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.35
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.35
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.35
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.35