Skip to main content

Want a detailed portfolio tracker?

30 Stocks and 70 ETFs for diversifying QTOP (ISHARES NASDAQ TOP 30 STOCKS ETF)

The least correlated asset to QTOP (ISHARES NASDAQ TOP 30 STOCKS ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with QTOP

SymbolName
Market cap
SectorIndustry
Correlation
ITIIteris Inc$316MN/AN/A-1.00
AXNXAxonics Inc$3.63BN/AN/A-1.00
TWKSThoughtworks Holding Inc$1.45BN/AN/A-1.00
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-0.98
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-0.97
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.88
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.83
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.69
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.68
DMDesktop Metal Inc - Class A$165MN/AN/A-0.66
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.65
MLGOMicroAlgo Inc$31MTechnologySoftware - Infrastructure-0.64
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.62
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.61
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.59
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.59
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.59
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water-0.59
ADCAgree Realty Corp$9.32BReal EstateReit - Retail-0.58
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.57
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.54
CNPCenterpoint Energy Inc$28BUtilitiesUtilities - Regulated Electric-0.54
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.54
CORCencora Inc$58BHealthcareMedical Distribution-0.53
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.53
PPCPilgrim`s Pride Corp$6.76BConsumer DefensivePackaged Foods-0.53
TAKTakeda Pharmaceutical Company$51BHealthcareDrug Manufacturers - Specialty & Generic-0.52
CMSCMS Energy Corporation$23BUtilitiesUtilities - Regulated Electric-0.51
NOCNorthrop Grumman Corp$75BIndustrialsAerospace & Defense-0.51
BRK-BBerkshire Hathaway Inc - Class B$1.05TFinancial ServicesInsurance - Diversified-0.50

ETFs that lowly correlated with QTOP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.99
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.97
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.94
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.93
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.93
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.93
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.90
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.86
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.86
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.85
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.82
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.81
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.79
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.77
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.77
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.77
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.76
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.75
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.75
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.75
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.75
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.74
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.74
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.74
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.73
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.73
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.72
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.72
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.72
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.72
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.71
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.70
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.69
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.68
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.68
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.67
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.66
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.63
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.62
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.61
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.61
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.60
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.60
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.59
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.58
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.58
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.57
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.56
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.54
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.54
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.54
SMCPAlphaMark Actively Managed Small Cap ETF$3.50M0.79%May 11, 2026-0.53
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.53
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.53
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.53
CAOSALPHA ARCHITECT TAIL RISK ETF $705M0.63%Aug 14, 2013-0.53
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.52
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.52
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.52
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.52
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.51
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.50
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.50
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.50