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11 Stocks and 89 ETFs for diversifying PNQI (INVESCO NASDAQ INTERNET ETF)

The least correlated asset to PNQI (INVESCO NASDAQ INTERNET ETF) is ETF WEBS (DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES). The correlation is -0.9364.

Stocks that lowly correlated with PNQI

SymbolName
Market cap
SectorIndustry
Correlation
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.62
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.56
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.53
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.52
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.52
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.52
LINELineage Inc$9.99BReal EstateReit - Industrial-0.47
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.47
NAMMNamib Minerals.$87MBasic MaterialsGold-0.45
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.43

ETFs that lowly correlated with PNQI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.94
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.85
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.83
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.81
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.81
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.79
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.77
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.75
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.75
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.75
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.74
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.71
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.69
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.69
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.69
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.69
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.69
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.69
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.69
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.68
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.68
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.68
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.67
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.67
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.66
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.66
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.65
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.65
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.65
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.65
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.64
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.63
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.62
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.61
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.61
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.61
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.61
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.61
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.61
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.60
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.60
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.60
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.60
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.59
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.57
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.57
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.57
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.56
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.56
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.55
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.54
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.54
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.53
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.53
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.52
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.52
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.52
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, 2025-0.52
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.52
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.51
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.51
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.50
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.49
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.48
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.48
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.48
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.48
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.47
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.47
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.45
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.45
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.45
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.44
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.44
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.43
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.42