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35 Stocks and 65 ETFs for diversifying Nova (NVMI)

The least correlated asset to Nova (NVMI) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.7494.

Stocks that lowly correlated with NVMI

SymbolName
Market cap
SectorIndustry
Correlation
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.69
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.67
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.61
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.56
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.54
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.52
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.51
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.50
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.50
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.50
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.47
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.47
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.47
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.46
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.46
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
AHRAmerican Healthcare REIT Inc$10BReal EstateReit - Healthcare Facilities-0.45
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.44
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.43
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.42
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.42
SIShoulder Innovations Inc$452MN/AN/A-0.42
SKWDSkyward Specialty Insurance Group Inc$2.53BFinancial ServicesInsurance - Property & Casualty-0.40
ZBIOZenas Biopharma Inc$1.83BHealthcareBiotechnology-0.40
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.40
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.39
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.39
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.38
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.38
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.38
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.38
AKUSAkouos Inc$490MN/AN/A-0.37
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.37
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.37
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.36

ETFs that lowly correlated with NVMI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.75
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.66
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.59
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.58
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.58
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.57
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.57
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.56
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.56
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.54
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.54
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.54
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.53
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.52
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.52
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.52
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.51
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.51
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.50
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.50
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.50
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.49
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.49
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.48
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.48
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.47
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.47
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.47
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.47
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.46
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.45
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.44
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.43
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.43
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.42
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.42
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.42
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.42
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.42
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.41
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $9.30M1.01%Jun 4, 2025-0.38
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.38
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.38
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.37
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.37
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.37
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.36
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.35