Skip to main content

Want a detailed portfolio tracker?

38 Stocks and 62 ETFs for diversifying IBBQ (INVESCO NASDAQ BIOTECHNOLOGY ETF)

The least correlated asset to IBBQ (INVESCO NASDAQ BIOTECHNOLOGY ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with IBBQ

SymbolName
Market cap
SectorIndustry
Correlation
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.78
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.70
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.69
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.64
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.58
PRMBPrimo Brands Corp - Class A$8.97BConsumer DefensiveBeverages - Non-alcoholic-0.55
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.55
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.55
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.55
PCLNPriceline.com Inc$906MN/AN/A-0.55
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.54
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.53
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.50
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.50
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.49
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.48
HSPTRHorizon Space Acquisition II Corp Right$763KN/AN/A-0.46
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.46
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.44
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.44
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.43
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.43
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.42
FMFCKandal M Venture Ltd - Class A$6.81MConsumer CyclicalFootwear & Accessories-0.42
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.42
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.42
RECTRectitude Holdings Ltd$19MConsumer CyclicalSpecialty Retail-0.41
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.41
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.41
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.40
NCLNorthann Corp$8.87MConsumer CyclicalFurnishings, Fixtures & Appliances-0.40
CENNCenntro Electric Group Ltd$6.62MConsumer CyclicalAuto Manufacturers-0.40
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.39
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.39
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.39
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.38
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.38
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.38

ETFs that lowly correlated with IBBQ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.97
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.83
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.77
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
XXVSIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF $48M0.85%Nov 17, 2025-0.63
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.63
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.59
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.57
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.57
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.57
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.56
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.55
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.55
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.55
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.54
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.52
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.52
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.52
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.51
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.51
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.51
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.50
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.50
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.50
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.49
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.49
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.48
GLDWROUNDHILL GOLD WEEKLYPAY ETF $25MN/AOct 29, 2025-0.47
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.46
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.46
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.46
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.46
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.46
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.46
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.45
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.45
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.45
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.45
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $18M0.96%Apr 1, 2025-0.45
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.44
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.44
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.44
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.43
TEXNiShares Texas Equity ETF$17M0.20%Jun 23, 2025-0.42
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.42
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.42
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.41
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.40
MSTYYIELDMAX(R) MSTR OPTION INCOME STRATEGY ETF $1.20B1.03%Feb 21, 2024-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.39