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35 Stocks and 65 ETFs for diversifying IBBQ (INVESCO NASDAQ BIOTECHNOLOGY ETF)

The least correlated asset to IBBQ (INVESCO NASDAQ BIOTECHNOLOGY ETF) is ETF BIS (ProShares UltraShort Nasdaq Biotechnology -2x Shares). The correlation is -0.9699.

Stocks that lowly correlated with IBBQ

SymbolName
Market cap
SectorIndustry
Correlation
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.65
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.64
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.63
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.59
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.58
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.58
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.55
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.53
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.52
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.51
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.48
TDICDreamland Ltd$17MCommunication ServicesAdvertising Agencies-0.48
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.47
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.46
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.45
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.45
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.44
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.43
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.43
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.43
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.43
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.42
VOYGVoyager Technologies Inc - Class A$1.55BIndustrialsAerospace & Defense-0.42
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.41
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.41
FGMCFG Merger II Corp$83MFinancial ServicesShell Companies-0.41
FMFCKandal M Venture Ltd - Class A$4.71MConsumer CyclicalFootwear & Accessories-0.40
PCLNPriceline.com Inc$906MN/AN/A-0.40
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.40
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.40
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.40
APADREnhanced Group Inc$6.67MN/AN/A-0.40
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.39
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.39

ETFs that lowly correlated with IBBQ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.97
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.94
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.92
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.84
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.78
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.65
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.65
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.60
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.59
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.57
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.57
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.56
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.55
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.54
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.53
TEXNISHARES TEXAS EQUITY ETF $17M0.20%Jun 23, 2025-0.53
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.53
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.53
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.51
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.50
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.50
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.50
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.50
MUNANORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF $9M0.18%Aug 18, 2025-0.49
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.49
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.48
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.47
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.47
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.47
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.46
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.46
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.46
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.44
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.43
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.43
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.43
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.43
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.43
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.43
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.43
LDRIISHARES IBONDS 1-5 YEAR TIPS LADDER ETF $27M0.10%Nov 7, 2024-0.43
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.43
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.42
MSTYYIELDMAX(R) MSTR OPTION INCOME STRATEGY ETF $710M1.03%Feb 21, 2024-0.42
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.42
MSTXDefiance Daily Target 2x Long MSTR ETF$151MN/AAug 14, 2024-0.41
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.41
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.41
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $8.20M0.96%Apr 1, 2025-0.40
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.40
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.40
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.39