Looking to diversify beyond KBE? The ETFs below have the lowest correlation with KBE — 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 KBE.
Best Diversifiers for KBE
690 ETFs have low correlation with KBE (below 0.3), 57 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | KBE vs RBIL | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 60 | Inverse Equities, Leveraged Equities | KBE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | — | — | 53 | Inverse Equities | KBE vs SMST | |
| United States Gasoline Fund LP | -0.18 | -0.03 | 0.09 | 72 | Oil & Gas | KBE vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.16 | — | — | 65 | Derivative Income | KBE vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KBE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KBE and solid risk/return profiles. The least correlated is The Goldman Sachs Group, Inc. (GS) (Financial Services) with a 1Y correlation of 0.50, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Goldman Sachs Group, Inc. | 0.50 | 0.64 | 0.69 | 86 | Financial Services | |
| Canadian Imperial Bank of Commerce | 0.51 | 0.55 | 0.63 | 97 | Financial Services |
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