Looking to diversify beyond KBWB? The ETFs below have the lowest correlation with KBWB — 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 KBWB.
Best Diversifiers for KBWB
413 ETFs have low correlation with KBWB (below 0.3), 43 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... | -0.21 | — | — | 97 | Inflation-Protected Bonds | KBWB vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | KBWB vs CSHP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | KBWB vs IBIC | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.13 | — | — | 99 | CLO | KBWB vs PCLO | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.04 | -0.03 | 100 | Government Bonds, Ultrashort Bond | KBWB vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KBWB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KBWB and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.11, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 0.11 | 0.11 | 0.11 | 75 | Healthcare | |
| TKO Group Holdings Inc. | 0.32 | 0.30 | 0.30 | 56 | Communication Services | |
| Lam Research Corporation | 0.38 | 0.33 | 0.42 | 99 | Technology | |
| Caterpillar Inc. | 0.44 | 0.51 | 0.56 | 99 | Industrials | |
| The Goldman Sachs Group, Inc. | 0.74 | 0.79 | 0.80 | 91 | Financial Services |
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