11 Stocks and 89 ETFs for diversifying QQQE (DIREXION NASDAQ-100(R) EQUAL WEIGHTED INDEX SHARES)
The least correlated asset to QQQE (DIREXION NASDAQ-100(R) EQUAL WEIGHTED INDEX SHARES) is ETF PSQ (ProShares Short QQQ -1x Shares). The correlation is -0.9403.
Stocks that lowly correlated with QQQE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.77 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.63 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.61 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.60 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.58 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.50 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.49 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.48 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.44 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.42 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.42 |