6 Stocks and 94 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 -0.9228.
Stocks that lowly correlated with QQQX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.59 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.54 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.45 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.45 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.45 |