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
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.54 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -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 | $1.13M | N/A | N/A | -0.46 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.45 |