29 Stocks and 71 ETFs for diversifying QQQP (TRADR 2X LONG INNOVATION 100 QUARTERLY ETF)
The least correlated asset to QQQP (TRADR 2X LONG INNOVATION 100 QUARTERLY ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with QQQP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TWKS | Thoughtworks Holding Inc | $1.45B | N/A | N/A | -1.00 |
| ITI | Iteris Inc | $316M | N/A | N/A | -1.00 |
| AXNX | Axonics Inc | $3.63B | N/A | N/A | -1.00 |
| LBPH | Longboard Pharmaceuticals Inc | $2.34B | N/A | N/A | -0.99 |
| IVCPU | AleAnna Inc - Units (1 Ord Share Class A & 1/2 War) | $308M | N/A | N/A | -0.84 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.81 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.75 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.72 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.69 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.69 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.67 |
| MLGO | MicroAlgo Inc | $31M | Technology | Software - Infrastructure | -0.66 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.64 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.64 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.61 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.58 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.57 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.57 |
| ADC | Agree Realty Corp | $9.32B | Real Estate | Reit - Retail | -0.57 |
| PRA | ProAssurance Corporation | $1.29B | Financial Services | Insurance - Property & Casualty | -0.56 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.54 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.54 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.53 |
| CNP | Centerpoint Energy Inc | $28B | Utilities | Utilities - Regulated Electric | -0.53 |
| TAK | Takeda Pharmaceutical Company | $51B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.52 |
| LXEH | Lixiang Education Holding Co Ltd | $2.70M | Consumer Defensive | Education & Training Services | -0.52 |
| CMS | CMS Energy Corporation | $23B | Utilities | Utilities - Regulated Electric | -0.51 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.51 |
| NOC | Northrop Grumman Corp | $75B | Industrials | Aerospace & Defense | -0.51 |