NVDA correlations (Nvidia)
NVDA 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 · Information Technology · Semiconductors
Volatility (ann.)
44.5%
3y weekly
Beta vs S&P 500
2.18
3y weekly
1-year return
+25.7%
price, adjusted
5-year return
+908.3%
price, adjusted
Market cap
$5,505.0B
latest
P/E ratio
32.2
trailing
Max drawdown
-36.9%
3y, daily closes
NVDA over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NVDA
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| SMH | VanEck Semiconductor ETF | 0.80 | |
| XLK | Technology Select Sector SPDR Fund | 0.79 | |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.79 | |
| VUG | Vanguard Growth ETF | 0.77 | |
| QQQ | Invesco QQQ Trust | 0.76 | |
| QQQM | Invesco Nasdaq 100 ETF | 0.76 | |
| FNGO | MicroSectors FANG Index 2X Leveraged ETNs due January 8 | 0.73 | |
| ADX | Adams Diversified Equity Fund Inc. | 0.71 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.71 | |
| IVV | iShares Core S&P 500 ETF | 0.71 | |
| SPY | SPDR S&P 500 ETF Trust | 0.71 | |
| VOO | Vanguard S&P 500 ETF | 0.71 | |
| SOXX | iShares Semiconductor ETF | 0.70 | |
| EOS | Eaton Vance Enhance Equity Income Fund II | 0.69 | |
| VTI | Vanguard Total Stock Market ETF | 0.68 |
Best diversifiers for NVDA
If the goal is offsetting NVDA, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.73 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.50 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.48 | |
| ED | Consolidated Edison | -0.27 | |
| GIS | General Mills | -0.27 | |
| CAG | ConAgra Brands, Inc. | -0.25 | |
| MDLZ | Mondelez International | -0.23 | |
| AWK | American Water Works | -0.23 | |
| GITS | Global Interactive Technologies, Inc. | -0.22 | |
| PPCB | Propanc Biopharma, Inc. | -0.22 |
NVDA vs benchmarks
NVDA vs its peers
Get NVDA data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/nvda.jsonCorrelations, diversifiers, beta and volatility for NVDA, plus one endpoint per pair. API documentation.
NVDA inside major ETFs
| ETF | NVDA weight | |
|---|---|---|
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 14.21% |
| XLK | Technology Select Sector SPDR Fund | 13.91% |
| VUG | Vanguard Growth ETF | 12.84% |
| SOXX | iShares Semiconductor ETF | 8.87% |
| QQQ | Invesco QQQ Trust | 8.15% |
| QQQM | Invesco Nasdaq 100 ETF | 8.15% |
| SPY | SPDR S&P 500 ETF Trust | 7.68% |
| IVV | iShares Core S&P 500 ETF | 7.67% |
| VOO | Vanguard S&P 500 ETF | 7.56% |
| VTI | Vanguard Total Stock Market ETF | 6.42% |
