Overview Holdings Performance Dividends Similar Etfs Correlations

9 Stocks and 91 ETFs for diversifying FTQI (FIRST TRUST NASDAQ BUYWRITE INCOME ETF)

The least correlated asset to FTQI (FIRST TRUST NASDAQ BUYWRITE INCOME ETF) is ETF AIBD (Direxion Daily AI and Big Data Bear 2X ETF). The correlation is -0.8648.

Stocks that lowly correlated with FTQI

Symbol	Name	Market cap	Sector	Industry	Correlation
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.60
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.59
WSBK	Winchester Bancorp Inc	$121M	Financial Services	Banks - Regional	-0.56
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.54
CPSR	Gelesis Holdings Inc - Class A	$1.87B	N/A	N/A	-0.53
AKUS	Akouos Inc	$490M	N/A	N/A	-0.48
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.47
NYAX	Nayax Ltd	$2.63B	Technology	Software - Infrastructure	-0.47
UBXG	U-BX Technology Ltd	$6.42M	Communication Services	Advertising Agencies	-0.46

ETFs that lowly correlated with FTQI

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.86
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.85
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.82
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.79
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.78
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.77
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.77
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.76
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.76
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.76
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.76
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.75
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.75
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.75
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.75
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.74
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.73
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.73
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.73
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.72
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.72
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.70
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.70
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.70
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.69
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.69
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.69
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.68
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.67
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.67
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.67
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.65
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.65
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.65
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.64
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.64
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.63
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.63
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.63
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.62
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.62
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$14M	0.96%	Aug 8, 2022	-0.61
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.61
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.61
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.61
QCMD	Direxion Daily QCOM Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.60
SETH	ProShares Short Ether ETF	$23M	0.95%	Nov 1, 2023	-0.60
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.59
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.59
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.59
ETHD	ProShares UltraShort Ether ETF	$86M	N/A	Jun 6, 2024	-0.59
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.59
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.58
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.58
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.58
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.58
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.57
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.57
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.57
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.56
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.56
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.56
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.55
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.55
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.55
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.54
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.53
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$11M	1.02%	Sep 6, 2022	-0.53
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.53
TSLQ	Tradr 2X Short TSLA Daily ETF	$114M	N/A	Jul 13, 2022	-0.52
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.52
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$45M	N/A	Dec 10, 2024	-0.52
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.51
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.51
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.50
TSLZ	T-REX 2X INVERSE TESLA DAILY TARGET ETF	$31M	N/A	Oct 18, 2023	-0.50
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$35M	1.05%	Jul 9, 2024	-0.50
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$9.90M	0.10%	Oct 31, 2024	-0.50
GGLS	Direxion Daily GOOGL Bear 1X ETF	$13M	1.02%	Sep 6, 2022	-0.50
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$39M	N/A	Aug 21, 2023	-0.50
TSLS	Direxion Daily TSLA Bear 1X Shares	$66M	0.95%	Aug 8, 2022	-0.49
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.49
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.48
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.47
LMTL	Direxion Daily LMT Bull 2X ETF	$8.40M	N/A	Aug 5, 2025	-0.45
LDDR	Stone Ridge 2035 Term Income ETF	$42M	0.25%	Jan 3, 2025	-0.45
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.45
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.45
XOMX	Direxion Daily XOM Bull 2X Shares	$7.80M	N/A	Apr 22, 2025	-0.44
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.43
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.43