Looking to balance out your exposure to KCDMY? The ETFs below have historically moved differently from KCDMY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KCDMY
1 ETFs have low correlation with KCDMY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.27, roughly unchanged from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.27 | 0.20 | 0.23 | 68 | S&P 500 | KCDMY vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for KCDMY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Premier Foods Plc ADR (PRRFY) (Consumer Defensive) with a 1Y correlation of -0.03, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Premier Foods Plc ADR | -0.03 | 0.05 | 0.03 | 60 | Consumer Defensive | |
| Adecoagro S.A. | 0.03 | 0.14 | 0.17 | 53 | Consumer Defensive | |
| Triton International Ltd | 0.03 | -0.00 | 0.07 | 84 | Industrials | |
| Church & Dwight Co., Inc. | 0.06 | 0.02 | 0.03 | 53 | Consumer Defensive | |
| Smithfield Foods, Inc | 0.08 | 0.07 | 0.07 | 59 | Consumer Defensive |
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