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28 Stocks and 72 ETFs for diversifying Nova (NVMI)

The least correlated asset to Nova (NVMI) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.7598.

Stocks that lowly correlated with NVMI

SymbolName
Market cap
SectorIndustry
Correlation
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.65
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.56
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.52
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.51
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.47
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.46
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.45
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.44
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.44
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.42
AHRAmerican Healthcare REIT Inc$9.59BReal EstateReit - Healthcare Facilities-0.42
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.41
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.39
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.38
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.37
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.37
AKUSAkouos Inc$490MN/AN/A-0.37
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.37
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.37
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.36
BOWNUBowen Acquisition Corp - Units (1 Ordinary share & 1 Right)$30MFinancial ServicesShell Companies-0.36
EHGOEshallgo Inc - Class A$2.55MIndustrialsBusiness Equipment & Supplies-0.36
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.35
SKWDSkyward Specialty Insurance Group Inc$2.04BFinancial ServicesInsurance - Property & Casualty-0.35
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.34
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.34
ZBIOZenas Biopharma Inc$1.13BHealthcareBiotechnology-0.34

ETFs that lowly correlated with NVMI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.76
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.58
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.58
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.57
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.56
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.56
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.56
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.55
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.55
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.54
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.54
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.53
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.52
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.51
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.51
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.51
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.51
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.50
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.49
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.49
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.49
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.49
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.47
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.46
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.46
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.46
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.46
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.45
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.44
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.44
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.43
FNGDBank of Montreal$68MN/AJan 22, 2018-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.42
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.42
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.42
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.42
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.41
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.41
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.41
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.40
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.39
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.39
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.38
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.37
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.37
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.36
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.36
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.35
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.35
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.35
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.34
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.34
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.34
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.34
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.34