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
587 ETFs have low correlation with KBE (below 0.3), 39 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... | -0.17 | — | — | 97 | Inflation-Protected Bonds | KBE vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | KBE vs CSHP | |
| ProShares UltraShort Yen | -0.12 | -0.05 | 0.01 | 61 | Leveraged Currency | KBE vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.04 | -0.04 | 100 | Government Bonds, Ultrashort Bond | KBE vs USFR | |
| VanEck Commodity Strategy ETF | -0.11 | -0.01 | — | 55 | Commodities | KBE vs PIT |
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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 Canadian Imperial Bank of Commerce (CM) (Financial Services) with a 1Y correlation of 0.50, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Canadian Imperial Bank of Commerce | 0.50 | 0.56 | 0.63 | 97 | Financial Services | |
| The Goldman Sachs Group, Inc. | 0.52 | 0.66 | 0.70 | 91 | Financial Services |
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