Looking to diversify beyond KARS? The ETFs below have the lowest correlation with KARS — 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 KARS.
Best Diversifiers for KARS
372 ETFs have low correlation with KARS (below 0.3), 26 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.15, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.15 | 0.03 | 0.11 | 55 | Oil & Gas | KARS vs UGA | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.11 | — | — | 95 | Inflation-Protected Bonds | KARS vs IBID | |
| ProShares UltraShort Yen | -0.11 | -0.14 | -0.10 | 63 | Leveraged Currency | KARS vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | — | — | 97 | Inflation-Protected Bonds | KARS vs RBIL | |
| Brookstone Ultra-Short Bond ETF | -0.08 | — | — | 98 | Ultrashort Bond | KARS vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KARS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KARS and solid risk/return profiles. The least correlated is TeraWulf Inc. (WULF) (Technology) with a 1Y correlation of 0.36, roughly unchanged from 0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TeraWulf Inc. | 0.36 | 0.33 | — | 98 | Technology |
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