NTAP correlations (NetApp)
Which assets move with NTAP and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Information Technology · Technology Hardware, Storage & Peripherals
Volatility (ann.)
37.6%
3y weekly
Beta vs S&P 500
1.38
3y weekly
1-year return
+73.0%
price, adjusted
5-year return
+141.7%
price, adjusted
Market cap
$37.4B
latest
P/E ratio
30.5
trailing
Dividend yield
1.07%
trailing
Max drawdown
-42.6%
3y, daily closes
NTAP over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NTAP
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| DELL | Dell Technologies | 0.64 | |
| HPQ | HP Inc. | 0.62 | |
| HPE | Hewlett Packard Enterprise | 0.60 | |
| XLK | Technology Select Sector SPDR Fund | 0.59 | |
| P | Everpure, Inc. | 0.56 | |
| STK | Columbia Seligman Premium Technology Growth Fund Inc | 0.55 | |
| QQQM | Invesco Nasdaq 100 ETF | 0.55 | |
| QQQ | Invesco QQQ Trust | 0.55 | |
| NBXG | Neuberger Next Generation Connectivity Fund Inc. | 0.54 | |
| VTI | Vanguard Total Stock Market ETF | 0.54 | |
| AI | C3.ai, Inc. | 0.54 | |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.53 | |
| VOO | Vanguard S&P 500 ETF | 0.53 | |
| IVV | iShares Core S&P 500 ETF | 0.53 | |
| SPY | SPDR S&P 500 ETF Trust | 0.53 |
Best diversifiers for NTAP
If the goal is offsetting NTAP, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.50 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.43 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.38 | |
| ED | Consolidated Edison | -0.26 | |
| XEL | Xcel Energy | -0.23 | |
| EHGO | Eshallgo Inc. - Class A | -0.18 | |
| ALHC | Alignment Healthcare, Inc. | -0.17 | |
| HTCO | High-Trend International Group - Class A | -0.16 | |
| MO | Altria | -0.16 | |
| FOXX | Foxx Development Holdings Inc. | -0.16 |
NTAP vs benchmarks
NTAP vs its peers
Get NTAP data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ntap.jsonCorrelations, diversifiers, beta and volatility for NTAP, plus one endpoint per pair. API documentation.
NTAP inside major ETFs
| ETF | NTAP weight | |
|---|---|---|
| XLK | Technology Select Sector SPDR Fund | 0.26% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.25% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.22% |
| VYM | Vanguard High Dividend Yield ETF | 0.14% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.13% |
| VTV | Vanguard Value ETF | 0.13% |
| DGRO | iShares Core Dividend Growth ETF | 0.1% |
| IVV | iShares Core S&P 500 ETF | 0.06% |
| SPY | SPDR S&P 500 ETF Trust | 0.06% |
| VOO | Vanguard S&P 500 ETF | 0.05% |
