Looking to diversify beyond KEMQ? The ETFs below have historically moved differently from KEMQ, 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 KEMQ
600 ETFs have low correlation with KEMQ (below 0.3), 105 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.31 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.31 | — | 61 | Cryptocurrency | KEMQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.36 | -0.36 | 55 | Cryptocurrency, Leveraged Cryptocurrency | KEMQ vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 52 | Inverse Equities | KEMQ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 61 | Inverse Equities, Leveraged Equities | KEMQ vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 75 | Derivative Income | KEMQ vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for KEMQ, 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 Novartis AG (NVS) (Healthcare) with a 1Y correlation of 0.06, roughly unchanged from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Novartis AG | 0.06 | 0.12 | 0.15 | 89 | Healthcare |
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