Looking to balance out your exposure to K? The ETFs below have the lowest correlation with K — they tend to move on their own, which can help reduce risk when K drops. The stock ideas table highlights individual companies that behave independently from K.
Best Diversifiers for K
31 ETFs have low correlation with K (below 0.3), 12 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.16, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.16 | -0.12 | -0.09 | 70 | Leveraged Equities, Semiconductors | K vs USD | |
| Vanguard Information Technology ETF | -0.11 | -0.06 | -0.03 | 57 | Technology Equities | K vs VGT | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | -0.08 | — | — | 60 | Nasdaq-100, Options Trading, Dividend | K vs QQQY | |
| Roundhill S&P 500 0DTE Covered Call Strategy ETF | -0.07 | — | — | 67 | Derivative Income, S&P 500 | K vs XDTE | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.06 | -0.02 | — | 65 | Nasdaq-100, Derivative Income | K vs JEPQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from K, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to K and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.15, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.15 | -0.15 | -0.12 | 65 | Technology | |
| Broadcom Inc. | -0.11 | -0.08 | -0.02 | 71 | Technology | |
| Advanced Micro Devices, Inc. | -0.10 | -0.10 | -0.10 | 97 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.10 | -0.08 | -0.09 | 92 | Technology | |
| General Electric Company | -0.09 | 0.03 | 0.06 | 78 | Industrials |
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