Looking to diversify beyond KAT? The ETFs below have historically moved differently from KAT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KAT
394 ETFs have low correlation with KAT (below 0.3), 17 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.23 | -0.23 | 56 | Leveraged Currency | KAT vs YCS | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.11 | -0.11 | -0.11 | 58 | Commodities | KAT vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.10 | -0.10 | -0.10 | 67 | Commodities | KAT vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.07 | -0.07 | -0.07 | 71 | Commodities | KAT vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.06 | -0.06 | -0.06 | 63 | Commodities | KAT vs DCMT |
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