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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

SymbolName
Market cap
SectorIndustry
Correlation
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.59
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-0.52
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.45
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
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 $23M0.50%Mar 6, 2024-0.92
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.87
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.86
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.86
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.85
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.83
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.82
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.81
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.81
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.81
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.81
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.81
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.80
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.79
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.79
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.79
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.78
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.78
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.77
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.76
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.76
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.76
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.76
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.73
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.72
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.71
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.71
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.70
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.69
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.69
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.69
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.69
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.69
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.69
FNGDBank of Montreal$68MN/AJan 22, 2018-0.67
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.67
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.67
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.67
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.66
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.66
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.66
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.66
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.66
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.65
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.65
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.65
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.64
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.64
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.63
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.63
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.63
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.62
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.62
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.61
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.61
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.61
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.61
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.60
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.59
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.59
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.59
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.59
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.59
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.57
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.57
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.57
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.56
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.55
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.55
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.55
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.54
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.54
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.53
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.53
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.53
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.53
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.53
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.51
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.51
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.51
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.50
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.50
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.50
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.49
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.49
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.47
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.45