17 Stocks and 83 ETFs for diversifying QQXT (FIRST TRUST NASDAQ-100 EX-TECHNOLOGY SECTOR INDEX FUND)
The least correlated asset to QQXT (FIRST TRUST NASDAQ-100 EX-TECHNOLOGY SECTOR INDEX FUND) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.8951.
Stocks that lowly correlated with QQXT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.59 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.57 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.54 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.53 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.53 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.49 |
| NMPAU | NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.47 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.46 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.44 |
| JLHL | Julong Holding Ltd - Class A | $219M | Industrials | Building Products & Equipment | -0.43 |
| IOTR | iOThree Ltd | $13M | Communication Services | Telecom Services | -0.43 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.42 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.41 |
| UYSC | UY Scuti Acquisition Corp | $74M | Financial Services | Shell Companies | -0.41 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.40 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.40 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.39 |