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NVMI correlations (Nova Ltd.)

Which assets move with NVMI and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
51.8%
3y weekly
Beta vs S&P 500
1.93
3y weekly
1-year return
+40.7%
price, adjusted
5-year return
+266.1%
price, adjusted
Market cap
$11.8B
latest
P/E ratio
45.7
trailing
Max drawdown
-40.8%
3y, daily closes
0%+128%2025-09-052026-08-27
NVMI over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with NVMI

AssetCorrelation (3Y)
KLACKLA Corporation0.77
LRCXLam Research0.75
ONTOOnto Innovation Inc.0.73
AMATApplied Materials0.72
SMHVanEck Semiconductor ETF0.71

Best diversifiers for NVMI

These are the assets whose returns had the least to do with NVMI's, historically the most independent picks in our universe.

AssetCorrelation (3Y)
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.50
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.47
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.41

NVMI vs benchmarks

NVMI vs SPY 0.54 NVMI vs QQQ 0.60

Get NVMI data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/nvmi.json

Correlations, diversifiers, beta and volatility for NVMI, plus one endpoint per pair. API documentation.

NVMI inside major ETFs

ETFNVMI weight
SOXXiShares Semiconductor ETF0.65%
EFAiShares MSCI EAFE ETF0.05%