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TDAQ Lift ETF (TDAX) Diversifiers

ETF · Currency in USD · Last updated Jul 17, 2026

The TDAQ Lift ETF (TDAX) seeks daily investment results, before fees and expenses, of 130% of the daily performance of TDAQ. The fund applies light leverage to provide approximately 30% greater exposure to the growth and income profile of the underlying TDAQ fund, which is an actively managed large-cap equity ETF targeting U.S. technology-oriented companies while pursuing a yield-enhanced total-return profile through an options-based overlay strategy.

Looking to diversify beyond TDAX? The ETFs below have the lowest correlation with TDAX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from TDAX.

Best Diversifiers for TDAX

0 ETFs have low correlation with TDAX (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L) (Leveraged Equities) with a 1Y correlation of 0.71, roughly unchanged from 0.71 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SOXL.L
Leverage Shares 4x Long Semiconductors ETP Securit...0.710.710.71
93
Leveraged Equities, SemiconductorsTDAX vs SOXL.L
VGT
Vanguard Information Technology ETF0.930.930.93
50
Technology EquitiesTDAX vs VGT
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF0.960.960.96
53
Nasdaq-100, Options Trading, DividendTDAX vs QQQY

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Diversification Analysis

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