Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

35 Stocks and 65 ETFs for diversifying Nucor (NUE)

The least correlated asset to Nucor (NUE) is ETF SMN (ProShares UltraShort Materials). The correlation is -0.7051.

Stocks that lowly correlated with NUE

Symbol	Name	Market cap	Sector	Industry	Correlation
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.59
AII	American Integrity Insurance Group Inc	$328M	Financial Services	Insurance - Property & Casualty	-0.55
YSXT	Ysx Tech Co.Ltd - Class A	$24M	Industrials	Specialty Business Services	-0.55
LZMH	LZ Technology Holdings Ltd - Class B	$9.09M	Technology	Information Technology Services	-0.54
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.54
BGM	Qilian International Holding Group Ltd - Class A	$7.45M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.51
PTLE	PTL Ltd	$70M	Consumer Cyclical	Specialty Retail	-0.51
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.50
INHD	Inno Holdings Inc	$9.59M	Basic Materials	Steel	-0.48
IPXXU	USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)	$66M	N/A	N/A	-0.47
LOAR	Loar Holdings Inc	$5.82B	Industrials	Aerospace & Defense	-0.46
WAY	Waystar Holding Corp	$3.65B	Healthcare	Health Information Services	-0.45
NAMI	Jinxin Technology Holding Company	$34M	Communication Services	Internet Content & Information	-0.45
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.45
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.43
EPWK	EPWK Holdings Ltd - Class A	$9.78K	Technology	Software - Application	-0.42
HONDW	HCM II Acquisition Corp. Warrant	$202M	N/A	N/A	-0.42
HYAC	Haymaker Acquisition Corp. 4	$330M	Financial Services	Shell Companies	-0.42
BOAC	Bluescape Opportunities Acquisition Corp - Class A	$227M	N/A	N/A	-0.40
MOBX	Mobix Labs Inc - Class A	$20M	Technology	Semiconductors	-0.40
HBNB	Hotel101 Global Holdings Corp	$1.36B	Real Estate	Real Estate Services	-0.40
HMCOU	HumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$386M	N/A	N/A	-0.40
SVFAU	SVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)	$766M	N/A	N/A	-0.39
SAGT	Sagtec Global Ltd	$21M	Technology	Software - Application	-0.39
LRHC	La Rosa Holdings Corp	$1.31M	Real Estate	Real Estate Services	-0.39
NUKKW	Nukkleus Inc - Warrants (22/12/2028)	$1.41B	N/A	N/A	-0.39
CCV	Churchill Capital Corp V - Class A	$284M	N/A	N/A	-0.39
EFC-P-D	Ellington Financial Inc	$2.87B	N/A	N/A	-0.38
DLCAU	Deep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$262M	N/A	N/A	-0.38
GIG	GigCapital7 Corp - Class A	$353M	Financial Services	Shell Companies	-0.38
UBXG	U-BX Technology Ltd	$37M	Technology	Software - Infrastructure	-0.37
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.37
FORL	Four Leaf Acquisition Corporation Class A Common Stock	$47M	N/A	N/A	-0.37
GELS	Gelteq Ltd	$4.41M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.36
CCIXW	Churchill Capital Corp IX - Warrants (04/12/2029)	$17M	N/A	N/A	-0.36

ETFs that lowly correlated with NUE

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.71
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.65
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.64
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.64
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.64
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.64
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.63
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.62
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.62
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.62
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.62
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.61
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.61
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.61
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.61
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.61
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.60
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.59
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.59
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.59
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.58
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.80M	1.00%	Jun 24, 2025	-0.57
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.55
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.55
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.54
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.54
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.53
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.53
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.51
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.50
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.50
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.49
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.49
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.49
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.49
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.49
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.48
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.48
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.48
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.48
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.46
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.45
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.45
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.45
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.45
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.44
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.43
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.43
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.43
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4M	N/A	Jun 5, 2025	-0.43
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.42
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.42
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.42
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.42
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.42
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.42
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.41
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.41
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.40
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.40
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.38
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.37
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.37
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.37
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.37