Looking to balance out your exposure to KBGGY? The ETFs below have the lowest correlation with KBGGY — they tend to move on their own, which can help reduce risk when KBGGY drops. The stock ideas table highlights individual companies that behave independently from KBGGY.
Best Diversifiers for KBGGY
2 ETFs have low correlation with KBGGY (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Emerging Markets ETF (EEM) (Emerging Markets Diversified) with a 1Y correlation of 0.19, roughly unchanged from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Emerging Markets ETF | 0.19 | 0.14 | — | 79 | Emerging Markets Diversified | KBGGY vs EEM | |
| iShares MSCI World ETF | 0.22 | 0.17 | — | 67 | Global Equities | KBGGY vs URTH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KBGGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KBGGY and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.09, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.09 | 0.01 | 0.01 | 73 | Consumer Defensive | |
| Welltower Inc. | -0.04 | 0.03 | 0.03 | 80 | Real Estate | |
| Alphabet Inc. Class A | 0.00 | 0.06 | 0.06 | 96 | Communication Services | |
| Eli Lilly and Company | 0.04 | 0.07 | — | 75 | Healthcare | |
| Fox Corporation | 0.05 | 0.08 | 0.08 | 59 | Communication Services |
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