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11 Stocks and 89 ETFs for diversifying QQQJ (INVESCO NASDAQ NEXT GEN 100 ETF)

The least correlated asset to QQQJ (INVESCO NASDAQ NEXT GEN 100 ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -0.9964.

Stocks that lowly correlated with QQQJ

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.56
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.54
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.50
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.50
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.47
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.47
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.46
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.44

ETFs that lowly correlated with QQQJ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.89
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.87
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.86
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.86
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.85
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.85
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.83
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.83
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.82
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.82
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.80
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.80
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.78
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.78
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.77
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.77
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.76
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.76
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.76
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.76
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.74
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.74
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.73
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.72
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.72
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.71
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.71
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.71
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.70
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.70
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.69
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.69
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.69
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.67
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.66
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.65
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.62
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.62
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.62
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.62
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.61
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.61
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.61
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.60
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.60
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.59
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.59
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, 2025-0.58
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.56
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.56
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.56
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.55
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.54
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.53
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.52
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.52
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.51
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.50
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.50
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.49
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.49
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.49
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.48
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.48
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.48
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.47
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.46
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.46
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.46
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.45
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.44
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.44
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.44
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.43
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.43
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.43
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.43
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.42
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.42