Looking to balance out your exposure to KEEL? The ETFs below have the lowest correlation with KEEL — they tend to move on their own, which can help reduce risk when KEEL drops. The stock ideas table highlights individual companies that behave independently from KEEL.
Best Diversifiers for KEEL
0 ETFs have low correlation with KEEL (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of 0.38, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | 0.38 | 0.39 | 0.49 | 90 | Leveraged Equities, Semiconductors | KEEL vs USD | |
| Vanguard S&P 500 ETF | 0.44 | 0.44 | 0.50 | 70 | S&P 500 | KEEL vs VOO | |
| VanEck Semiconductor ETF | 0.45 | 0.42 | 0.50 | 96 | Semiconductors, Technology Equities | KEEL vs SMH | |
| iShares Core S&P 500 ETF | 0.45 | 0.44 | 0.50 | 70 | S&P 500 | KEEL vs IVV | |
| Invesco NASDAQ 100 ETF | 0.46 | 0.45 | 0.52 | 74 | Nasdaq-100 | KEEL vs QQQM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KEEL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KEEL and solid risk/return profiles. The least correlated is Gilead Sciences, Inc. (GILD) (Healthcare) with a 1Y correlation of 0.03, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Gilead Sciences, Inc. | 0.03 | 0.03 | 0.08 | 63 | Healthcare | |
| Eli Lilly and Company | 0.07 | 0.13 | 0.12 | 72 | Healthcare | |
| ProPetro Holding Corp. | 0.10 | 0.13 | 0.16 | 90 | Energy | |
| Scholar Rock Holding Corporation | 0.11 | 0.25 | 0.27 | 64 | Healthcare | |
| Healthcare Services Group, Inc. | 0.11 | 0.22 | 0.23 | 73 | Healthcare |
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