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27 Stocks and 73 ETFs for diversifying NVE (NVEC)

The least correlated asset to NVE (NVEC) is ETF IONZ (Defiance Daily Target 2x Short IONQ ETF). The correlation is -0.7693.

Stocks that lowly correlated with NVEC

SymbolName
Market cap
SectorIndustry
Correlation
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.66
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.63
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.56
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.51
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.49
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.48
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.47
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.47
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.47
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.46
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.45
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.43
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.42
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.42
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.42
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.42
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.41
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.41
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.39
YMTYimutian Inc$111MTechnologySoftware - Application-0.39
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.39
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.38
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.37
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.37
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.37
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.36
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.36

ETFs that lowly correlated with NVEC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.77
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.74
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.70
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.70
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.70
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.63
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.63
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.63
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.61
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.59
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.59
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.59
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.58
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.58
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.57
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.57
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.56
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.54
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.54
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.53
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.52
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.50
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.50
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.50
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.50
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.49
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.49
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.48
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.47
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.46
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.46
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.46
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.45
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.45
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.45
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.45
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.45
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.44
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.44
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.44
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.43
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.43
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.43
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.43
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.42
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.42
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.41
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.41
DEFRAPTUS DEFERRED INCOME ETF$139M0.79%May 13, 2025-0.39
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.38
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.38
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.38
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.38
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.38
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.38
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.37
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.37
TIPDNORTHERN TRUST 2055 INFLATION-LINKED DISTRIBUTING LADDER ETF $2M0.10%Aug 18, 2025-0.37
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.36
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.36
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.36
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.36