Looking to balance out your exposure to 005930.KS? The ETFs below have the lowest correlation with 005930.KS — they tend to move on their own, which can help reduce risk when 005930.KS drops. The stock ideas table highlights individual companies that behave independently from 005930.KS.
Best Diversifiers for 005930.KS
0 ETFs have low correlation with 005930.KS (below 0.3), 0 of which are negatively correlated. The least correlated is KODEX KOSPI ETF (226490.KS) (South Korea Equities) with a 1Y correlation of 0.83, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KODEX KOSPI ETF | 0.83 | 0.76 | 0.76 | 94 | South Korea Equities, Asia Pacific Equities | 005930.KS vs 226490.KS |
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