Looking to diversify beyond KBA? The ETFs below have historically moved differently from KBA, 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 KBA
774 ETFs have low correlation with KBA (below 0.3), 97 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.29, down from -0.15 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.29 | -0.15 | — | 51 | Cryptocurrency | KBA vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.23 | — | — | 69 | Derivative Income | KBA vs WNTR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.19 | -0.07 | -0.01 | 100 | Government Bonds, Ultrashort Bond | KBA vs BIL | |
| iShares U.S. Insurance ETF | -0.18 | -0.04 | 0.07 | 54 | Financials Equities | KBA vs IAK | |
| iShares 0-3 Month Treasury Bond ETF | -0.17 | -0.04 | 0.00 | 100 | Ultrashort Bond | KBA vs SGOV |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for KBA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Curtiss-Wright Corporation (CW) (Industrials) with a 1Y correlation of 0.31, up from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Curtiss-Wright Corporation | 0.31 | 0.17 | 0.15 | 85 | Industrials | |
| NVIDIA Corporation | 0.32 | 0.20 | 0.24 | 61 | Technology | |
| China Yuchai International Limited | 0.33 | 0.18 | 0.19 | 87 | Industrials | |
| Ping An Insurance Company of China | 0.48 | 0.59 | 0.60 | 60 | Financial Services |
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