NDSN correlations (Nordson Corporation)
NDSN measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Industrial Machinery & Supplies & Components
Volatility (ann.)
24.7%
3y weekly
Beta vs S&P 500
0.97
3y weekly
1-year return
+48.5%
price, adjusted
5-year return
+46.5%
price, adjusted
Market cap
$18.4B
latest
P/E ratio
33.5
trailing
Dividend yield
0.98%
trailing
Max drawdown
-39.1%
3y, daily closes
NDSN over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NDSN
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VTV | Vanguard Value ETF | 0.73 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.73 | |
| DGRO | iShares Core Dividend Growth ETF | 0.72 | |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.72 | |
| XLB | Materials Select Sector SPDR Fund | 0.71 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.71 | |
| SCHD | Schwab US Dividend Equity ETF | 0.71 | |
| GGG | Graco Inc. | 0.70 | |
| VIG | Vanguard Dividend Appreciation ETF | 0.70 | |
| VYM | Vanguard High Dividend Yield ETF | 0.70 | |
| XLI | Industrial Select Sector SPDR Fund | 0.69 | |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.69 | |
| LECO | Lincoln Electric Holdings, Inc. | 0.69 | |
| IEX | IDEX Corporation | 0.68 | |
| IWM | iShares Russell 2000 ETF | 0.68 |
Best diversifiers for NDSN
If the goal is offsetting NDSN, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.48 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.47 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.31 | |
| JL | J-Long Group Limited - Class A | -0.25 | |
| LUCY | Innovative Eyewear, Inc. | -0.17 | |
| TCRT | Alaunos Therapeutics, Inc. | -0.17 | |
| NVNI | Nvni Group Limited | -0.17 | |
| USO | United States Oil Fund | -0.16 | |
| MDRR | Medalist Diversified, Inc. | -0.15 | |
| MOBX | Mobix Labs, Inc. | -0.15 |
NDSN vs benchmarks
NDSN vs its peers
Get NDSN data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ndsn.jsonCorrelations, diversifiers, beta and volatility for NDSN, plus one endpoint per pair. API documentation.
