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Leverage Shares 2X Long NIO Daily ETF (NIOG) Diversifiers

ETF · Currency in USD · Last updated Jun 4, 2026

The Leverage Shares 2X Long NIO Daily ETF is a daily leveraged single-stock ETF designed to provide two times the daily performance of NIO Inc. (NIO), before fees and expenses. The fund is intended for active traders seeking magnified short-term exposure to NIO through an ETF wrapper.

Looking to diversify beyond NIOG? The ETFs below have the lowest correlation with NIOG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from NIOG.

Best Diversifiers for NIOG

1 ETFs have low correlation with NIOG (below 0.3), 0 of which are negatively correlated. The least correlated is Direxion Daily Semiconductor Bull 3X ETF (SOXL) (Leveraged Equities) with a 1Y correlation of 0.19, roughly unchanged from 0.19 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SOXL
Direxion Daily Semiconductor Bull 3X ETF0.190.190.19
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Leveraged Equities, SemiconductorsNIOG vs SOXL

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Diversification Analysis

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