NIO stock vs the S&P 500 and EV stocks
As of 2 October 2026, NIO is among the weakest stocks we track. It is well behind the S&P 500 and behind EV stocks as a group (CARZ) over the past three months.
Where NIO stands now
As of 2 October 2026, NIO is behind the S&P 500 on every window Zensei tracks, from one month to one year. The market has preferred other stocks for some time.
Inside its group, NIO lags: it is behind EV stocks (CARZ) over both the past month and three months. As a group, EV stocks are gaining ground on the S&P 500 right now. The group is in transition, so the stock's place inside it matters more than usual.
NIO is 0.4% of CARZ, so the fund's direction owes little to it. The thing to watch is the past month: stocks this far behind only become interesting once the recent window turns.
NIO vs the S&P 500: returns
NIO and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
NIO against EV stocks, in depth
See the size of the gap between NIO and EV stocks (CARZ) over every window, its momentum and its relative strength, and where it sits among EV stocks.
See the full analysisWhich ETFs hold NIO?
One fund that Zensei tracks holds NIO, by weight. The fund with the largest weight is its sector on this page.
NIO competitors
The largest other holdings of First Trust S-Network Future Vehicles & Technology ETF (CARZ), with their return over the past month.
NIO stock: common questions
Is NIO stock beating the S&P 500?
As of 2 October 2026, NIO is down 17.0% over the past month. The S&P 500 is up 1.3% over the same month. Over three months, the stock is down 29.6% and the S&P 500 is up 3.6%.
Which ETFs hold NIO?
As of 2 October 2026, one fund that Zensei tracks holds NIO. Its largest weight is in First Trust S-Network Future Vehicles & Technology ETF (CARZ), at 0.4%.
Who are NIO's competitors?
As of 2 October 2026, the largest other holdings of First Trust S-Network Future Vehicles & Technology ETF (CARZ) are Microsoft (MSFT), AMD (AMD), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC). These are the stocks NIO sits next to among EV stocks.
Is NIO doing better than other EV stocks?
As of 2 October 2026, NIO is behind EV stocks as a group (CARZ) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Track NIO against EV stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.