Looking to balance out your exposure to KAP.L? The ETFs below have the lowest correlation with KAP.L — they tend to move on their own, which can help reduce risk when KAP.L drops. The stock ideas table highlights individual companies that behave independently from KAP.L.
Best Diversifiers for KAP.L
1 ETFs have low correlation with KAP.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF Acc | 0.18 | — | — | 85 | Global Equities | KAP.L vs FWRG.L | |
| iShares Physical Silver ETC | 0.31 | 0.20 | 0.21 | 53 | Silver, Precious Metals | KAP.L vs SSLN.L | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.34 | 0.24 | 0.30 | 88 | Emerging Markets Equities | KAP.L vs EMIM.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KAP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KAP.L and solid risk/return profiles. The least correlated is Halyk Bank AO DRC (HSBK.L) (Financial Services) with a 1Y correlation of 0.11, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Halyk Bank AO DRC | 0.11 | 0.09 | 0.09 | 90 | Financial Services | |
| Rolls-Royce Holdings PLC | 0.23 | 0.16 | 0.20 | 74 | Industrials |
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