Looking to diversify beyond KEMX? The ETFs below have the lowest correlation with KEMX — 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 KEMX.
Best Diversifiers for KEMX
378 ETFs have low correlation with KEMX (below 0.3), 81 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.33 | -0.03 | 0.10 | 66 | Oil & Gas | KEMX vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.03 | 0.11 | 71 | Oil & Gas | KEMX vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.02 | 0.10 | 65 | Oil & Gas | KEMX vs BNO | |
| ProShares UltraShort Yen | -0.30 | -0.19 | -0.18 | 63 | Leveraged Currency | KEMX vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | KEMX vs USOY |
See all 2178 diversifiers for KEMX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements KEMX
Add KEMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KEMX