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
30 ETFs have low correlation with K (below 0.3), 10 of which are negatively correlated. The least correlated is YieldMax NVDA Option Income Strategy ETF (NVDY) (Derivative Income) with a 1Y correlation of -0.16, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax NVDA Option Income Strategy ETF | -0.16 | -0.12 | -0.13 | 52 | Derivative Income, Options Trading | K vs NVDY | |
| ProShares Ultra Semiconductors | -0.16 | -0.11 | -0.09 | 90 | Leveraged Equities, Semiconductors | K vs USD | |
| Vanguard Information Technology ETF | -0.11 | -0.04 | -0.02 | 76 | Technology Equities | K vs VGT | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | -0.08 | -0.03 | -0.03 | 74 | Nasdaq-100, Options Trading, Dividend | K vs QQQY | |
| Invesco Variable Rate Investment Grade ETF | -0.07 | -0.00 | 0.03 | 99 | Ultrashort Bond | K vs VRIG |
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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 | -0.13 | -0.12 | 78 | Technology | |
| Oracle Corporation | -0.11 | -0.01 | 0.05 | 58 | Technology | |
| Advanced Micro Devices, Inc. | -0.11 | -0.09 | -0.10 | 98 | Technology | |
| United Microelectronics Corporation | -0.09 | -0.04 | -0.07 | 95 | Technology | |
| JPMorgan Chase & Co. | -0.08 | 0.09 | 0.12 | 59 | Financial Services |
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