Looking to diversify beyond KBA? The ETFs below have the lowest correlation with KBA — 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 KBA.
Best Diversifiers for KBA
552 ETFs have low correlation with KBA (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.16 | -0.13 | 63 | Leveraged Currency | KBA vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | 0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | KBA vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.13 | -0.04 | 0.01 | 100 | Government Bonds, Ultrashort Bond | KBA vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.02 | 0.02 | 100 | Ultrashort Bond | KBA vs SGOV | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | KBA vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KBA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KBA and solid risk/return profiles. The least correlated is China Yuchai International Limited (CYD) (Industrials) with a 1Y correlation of 0.24, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| China Yuchai International Limited | 0.24 | 0.15 | 0.18 | 88 | Industrials | |
| Curtiss-Wright Corporation | 0.27 | 0.18 | 0.15 | 87 | Industrials | |
| NVIDIA Corporation | 0.30 | 0.21 | 0.24 | 72 | Technology | |
| Ping An Insurance Company of China | 0.53 | 0.62 | 0.61 | 61 | Financial Services |
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