Looking to diversify beyond KDEF? The ETFs below have the lowest correlation with KDEF — 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 KDEF.
Best Diversifiers for KDEF
760 ETFs have low correlation with KDEF (below 0.3), 36 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 68 | Inverse Equities, Leveraged Equities | KDEF vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | -0.27 | -0.27 | 60 | Inverse Equities | KDEF vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 70 | Derivative Income | KDEF vs WNTR | |
| ProShares Short Bitcoin ETF | -0.32 | -0.27 | -0.27 | 57 | Cryptocurrency | KDEF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | -0.27 | -0.27 | 52 | Cryptocurrency, Leveraged Cryptocurrency | KDEF vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KDEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KDEF and solid risk/return profiles. The least correlated is Cheniere Energy, Inc. (LNG) (Energy) with a 1Y correlation of -0.03, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cheniere Energy, Inc. | -0.03 | 0.01 | 0.01 | 58 | Energy | |
| Exxon Mobil Corporation | 0.06 | 0.09 | 0.09 | 75 | Energy | |
| BW LPG Limited | 0.16 | — | — | 86 | Industrials | |
| Carpenter Technology Corporation | 0.17 | 0.16 | 0.16 | 92 | Industrials | |
| Hafnia Limited | 0.18 | — | — | 80 | Industrials |
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