Looking to diversify beyond KAT? The ETFs below have the lowest correlation with KAT — 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 KAT.
Best Diversifiers for KAT
367 ETFs have low correlation with KAT (below 0.3), 10 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.19, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.19 | -0.19 | -0.19 | 72 | Oil & Gas | KAT vs UGA | |
| Return Stacked Bonds & Futures Yield ETF | -0.15 | -0.15 | -0.15 | 51 | Multistrategy | KAT vs RSBY | |
| TCW AAA CLO ETF | -0.04 | -0.04 | -0.04 | 99 | CLO | KAT vs ACLO | |
| Xtrackers US 0-1 Year Treasury ETF | -0.03 | — | — | 99 | Government Bonds, Ultrashort Bond | KAT vs TRSY | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.03 | -0.03 | -0.03 | 51 | Commodities | KAT vs PDBC |
See all 1996 diversifiers for KAT
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