NKE correlations (Nike, Inc.)
Every correlation that matters for NKE: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Consumer Discretionary · Apparel, Accessories & Luxury Goods
Volatility (ann.)
36.6%
3y weekly
Beta vs S&P 500
0.93
3y weekly
1-year return
-49.4%
price, adjusted
5-year return
-75.2%
price, adjusted
Market cap
$57.0B
latest
P/E ratio
18.4
trailing
Dividend yield
4.22%
trailing
Max drawdown
-66.9%
3y, daily closes
NKE over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NKE
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| COLM | Columbia Sportswear Company | 0.48 | |
| BIRK | Birkenstock Holding plc | 0.44 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.43 | |
| SWK | Stanley Black & Decker | 0.42 | |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.42 | |
| UA | Under Armour, Inc. | 0.42 | |
| BLK | BlackRock | 0.42 | |
| VIG | Vanguard Dividend Appreciation ETF | 0.42 | |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.42 | |
| ASO | Academy Sports and Outdoors, Inc. | 0.42 | |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.41 | |
| PPG | PPG Industries | 0.41 | |
| DGRO | iShares Core Dividend Growth ETF | 0.41 | |
| FND | Floor & Decor Holdings, Inc. | 0.41 | |
| EL | Estée Lauder Companies (The) | 0.40 |
Best diversifiers for NKE
These are the assets whose returns had the least to do with NKE's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| TECX | Tectonic Therapeutic, Inc. | -0.33 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.31 | |
| RGS | Regis Corporation | -0.29 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.27 | |
| NRT | North European Oil Royality Trust | -0.26 | |
| USO | United States Oil Fund | -0.24 | |
| GVH | Globavend Holdings Limited - Ord Shares | -0.23 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.22 | |
| TH | Target Hospitality Corp. | -0.20 | |
| TISI | Team, Inc. | -0.20 |
NKE vs benchmarks
NKE vs its peers
Get NKE data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/nke.jsonCorrelations, diversifiers, beta and volatility for NKE, plus one endpoint per pair. API documentation.
NKE inside major ETFs
| ETF | NKE weight | |
|---|---|---|
| XLY | Consumer Discretionary Select Sector SPDR Fund | 1.15% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.43% |
| VIG | Vanguard Dividend Appreciation ETF | 0.22% |
| VYM | Vanguard High Dividend Yield ETF | 0.2% |
| VTV | Vanguard Value ETF | 0.19% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.16% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.15% |
| VOO | Vanguard S&P 500 ETF | 0.08% |
| IVV | iShares Core S&P 500 ETF | 0.07% |
| SPY | SPDR S&P 500 ETF Trust | 0.07% |
