4 Stocks and 96 ETFs for diversifying QQQD (DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES)
The least correlated asset to QQQD (DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with QQQD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WNS | WNS Holdings Ltd | $3.31B | N/A | N/A | -1.00 |
| DSKE | Daseke Inc | $380M | N/A | N/A | -1.00 |
| AJXA | Great Ajax Corp | $129M | N/A | N/A | -1.00 |
| MACK | Merrimack Pharmaceuticals Inc | $219M | N/A | N/A | -1.00 |