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5 Stocks and 95 ETFs for diversifying QQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund)

The least correlated asset to QQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund) is ETF QQQD (DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES). The correlation is -0.9119.

Stocks that lowly correlated with QQQX

SymbolName
Market cap
SectorIndustry
Correlation
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.54
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.52
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.46
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.45

ETFs that lowly correlated with QQQX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.91
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.86
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.86
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.86
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.85
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.82
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.81
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.81
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.81
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.80
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.80
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.80
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.80
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.79
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.79
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.78
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.76
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.76
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.75
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.75
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.75
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.73
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.72
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.72
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.71
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.70
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.69
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.69
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.69
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.69
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.69
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.68
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.67
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.67
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.66
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.66
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.66
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.66
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.66
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.65
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.65
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.65
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.64
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.63
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.62
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.62
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.62
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.61
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.61
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.61
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.60
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.60
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.60
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.59
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.59
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.58
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.57
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.57
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.57
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.57
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.56
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.56
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.56
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.56
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.55
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.54
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.54
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.54
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.54
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.54
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.53
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.53
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.53
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.52
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.51
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.51
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.50
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.50
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.50
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.49
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.49
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, 2025-0.49
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.48
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.48
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.47
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.46
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.45