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25 Stocks and 75 ETFs for diversifying QDTE (ROUNDHILL INNOVATION-100 0DTE COVERED CALL STRATEGY ETF)

The least correlated asset to QDTE (ROUNDHILL INNOVATION-100 0DTE COVERED CALL STRATEGY ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with QDTE

SymbolName
Market cap
SectorIndustry
Correlation
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.83
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.79
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.76
DMDesktop Metal Inc - Class A$165MN/AN/A-0.71
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.63
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.63
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.63
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.61
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.58
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.57
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.54
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.53
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.53
GLIBAGCI Liberty Inc - Class A$879MCommunication ServicesTelecom Services-0.53
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.51
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.51
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-0.51
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.50
BGSB&G Foods Inc$305MConsumer DefensivePackaged Foods-0.49
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.48
GDSTRGoldenstone Acquisition Ltd$160KN/AN/A-0.48
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water-0.47
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.47
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.46
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.46

ETFs that lowly correlated with QDTE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.97
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.94
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.93
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.93
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.93
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.87
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.85
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.83
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.82
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.82
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.81
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.80
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.78
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.78
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.78
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.76
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.74
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.73
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.73
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.73
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.72
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.72
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.71
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.71
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.71
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.68
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.68
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.68
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.68
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.67
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.67
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.66
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.65
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.65
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.64
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.64
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.63
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.63
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.63
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.63
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.61
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.60
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.60
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.59
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.59
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.57
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.56
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.56
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.55
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.55
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.53
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.53
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.52
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.51
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.50
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.50
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.50
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.49
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.49
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.49
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.49
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.48
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.48
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.48
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.47
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.47
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.47
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.46