12 Stocks and 88 ETFs for diversifying QQQH (NEOS NASDAQ-100(R) HEDGED EQUITY INCOME ETF)
The least correlated asset to QQQH (NEOS NASDAQ-100(R) HEDGED EQUITY INCOME ETF) is ETF QQQD (DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES). The correlation is -0.897.
Stocks that lowly correlated with QQQH
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.64 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.61 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.50 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.48 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.47 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.47 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.46 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.46 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.44 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.44 |
| BLTE | Belite Bio Inc | $5.88B | Healthcare | Biotechnology | -0.43 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.43 |