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
632 ETFs have low correlation with KBA (below 0.3), 62 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.26, down from -0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.26 | -0.14 | — | 53 | Cryptocurrency | KBA vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | — | — | 56 | Inverse Equities | KBA vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 65 | Inverse Equities, Leveraged Equities | KBA vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.17 | — | — | 70 | Derivative Income | KBA vs WNTR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.16 | -0.07 | -0.00 | 100 | Government Bonds, Ultrashort Bond | KBA vs BIL |
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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 0.29, up from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| China Yuchai International Limited | 0.29 | 0.17 | 0.19 | 82 | Industrials | |
| NVIDIA Corporation | 0.30 | 0.20 | 0.24 | 70 | Technology | |
| Curtiss-Wright Corporation | 0.31 | 0.19 | 0.16 | 88 | Industrials | |
| Ping An Insurance Company of China | 0.50 | 0.61 | 0.60 | 51 | Financial Services |
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